Kenneth D. Lewis, Chairman CEO and President at BANK OF AMERICA CORP /DE/ (BAC), bought 200,000 shares at $4.81 ($958K) on 2009-02-04, disclosed to the SEC on 2009-02-05.
Seasonal purchase ($958k) by Chairman CEO and President — this insider has traded BAC in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.78 | 75,000 | $359K | 37.4% |
| 2 | $4.79 | 66,000 | $316K | 33.0% |
| 3 | $4.80 | 9,000 | $43K | 4.5% |
| 4 | $4.81 | 50,000 | $240K | 25.1% |
| Total | $4.79 avg | 200,000 | $958K | 100% |
| Filing → |
| BAC | SELL | 2006-12-26 | $23.2M | — | Filing → |
| BAC | SELL | 2006-11-24 | $20.4M | — | Filing → |
| BAC | SELL | 2006-11-24 | $16.0M | — | Filing → |