Louis M. Bacon, 10% Owner at MAX CAPITAL GROUP LTD. (MXGL), sold 1,659,246 shares at $19.94 ($33.1M) on 2009-08-07, disclosed to the SEC on 2009-08-11.
Open-market sale of $33.1M MXGL 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 | $19.94 | 165,463 | $3.3M | 10.0% |
| 2 | $19.94 | 1,493,783 | $29.8M | 90.0% |
| Total | $19.94 avg | 1,659,246 | $33.1M | 100% |
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