Llc Fiber, 10% Owner at ABOVENET INC (ABVT), sold 720,000 shares at $52.40 ($37.7M) on 2009-11-18, disclosed to the SEC on 2009-11-20.
Open-market sale of $37.7M ABVT 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.