Philip L. Francis, Executive Chairman of Board at PETSMART INC (PETM), sold 95,000 shares at $45.71 ($4.3M) on 2011-05-19, disclosed to the SEC on 2011-05-20.
Scheduled sale ($4.3M) by Executive Chairman of Board under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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