Charles J. Robel, Director at MODEL N, INC. (MODN), sold 133,332 shares at $10.83 ($1.4M) on 2017-02-15, disclosed to the SEC on 2017-02-17.
Seasonal sale ($1.4M) by Director — this insider has traded MODN 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 | $10.83 | 14,167 | $153K | 10.9% |
| 2 | $10.83 | 14,167 | $153K | 10.9% |
| 3 | $10.50 | 52,499 | $551K | 39.1% |
| 4 | $10.50 | 52,499 | $551K | 39.1% |
| Total | $10.57 avg | 133,332 | $1.4M | 100% |
| Filing → |
| PANW | SELL | 2014-06-12 | $774K | — | Filing → |
| INFA | SELL | 2013-02-01 | $906K | — | Filing → |
| ADSK | SELL | 2012-12-28 | $1.4M | — | Filing → |