Harbert Management Corp., 10% Owner at CLIFFS NATURAL RESOURCES INC. (CLF), sold 528,912 shares at $27.76 ($14.6M) on 2009-01-09, disclosed to the SEC on 2009-01-12.
Open-market sale of $14.6M CLF by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $27.76 | 184,900 | $5.1M | 35.1% |
| 2 | $27.76 | 315,912 | $8.8M | 60.0% |
| 3 | $25.23 | 10,375 | $262K | 1.8% |
| 4 | $25.23 | 17,725 | $447K | 3.1% |
| Total | $27.63 avg | 528,912 | $14.6M | 100% |
| Filing → |
| MEG | SELL | 2008-12-05 | $122K | — | Filing → |
| MDVN | SELL | 2008-10-03 | $4.4M | — | Filing → |
| AKS | SELL | 2008-09-08 | $122.8M | — | Filing → |