Samir Chandrakant Patel, President at Ophthotech Corp. (OPHT), sold 29,904 shares at $54.13 ($1.6M) on 2016-09-29, disclosed to the SEC on 2016-10-03.
Seasonal sale ($1.6M) by President — this insider has traded OPHT in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $54.13 | 7,292 | $395K | 24.0% |
| 2 | $54.13 | 7,292 | $395K | 24.0% |
| 3 | $54.93 | 2,612 | $143K | 8.7% |
| 4 | $54.93 | 2,612 | $143K | 8.7% |
| 5 | $55.75 | 8,096 | $451K | 27.5% |
| 6 | $56.90 | 2,000 |
| $114K |
| 6.9% |
| Total | $54.89 avg | 29,904 | $1.6M | 100% |
| Filing → |
| OPHT | SELL | 2016-08-31 | $1.1M | — | Filing → |
| OPHT | SELL | 2016-08-02 | $1.3M | — | Filing → |
| OPHT | SELL | 2016-07-01 | $4.1M | — | Filing → |