Barry Rubenstein, Director at FALCONSTOR SOFTWARE INC (FALC), bought 147,015 shares at $1.56 ($224K) on 2014-05-20, disclosed to the SEC on 2014-05-21.
Seasonal purchase ($224k) by Director — this insider has traded FALC in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.51 | 100,000 | $151K | 67.5% |
| 2 | $1.52 | 12,917 | $20K | 8.8% |
| 3 | $1.56 | 34,098 | $53K | 23.8% |
| Total | $1.52 avg | 147,015 | $224K | 100% |
| Filing → |
| FALC | BUY | 2010-02-08 | $150K | — | Filing → |
| FALC | BUY | 2010-01-26 | $192K | — | Filing → |
| QOBJ | BUY | 2008-06-19 | $33K | — | Filing → |