John D. Ferguson, Executive Chairman at CORRECTIONS CORP OF AMERICA (CXW), sold 120,000 shares at $32.15 ($3.9M) on 2016-03-28, disclosed to the SEC on 2016-03-29.
Seasonal sale ($3.9M) by Executive Chairman — this insider has traded CXW in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $32.15 | 25,464 | $819K | 21.2% |
| 2 | $32.15 | 25,464 | $819K | 21.2% |
| 3 | $32.20 | 24,025 | $774K | 20.0% |
| 4 | $32.20 | 24,025 | $774K | 20.0% |
| 5 | $32.08 | 4,536 | $146K | 3.8% |
| 6 | $32.08 | 4,536 |
| $146K |
| 3.8% |
| 7 | $32.21 | 5,975 | $192K | 5.0% |
| 8 | $32.21 | 5,975 | $192K | 5.0% |
| Total | $32.17 avg | 120,000 | $3.9M | 100% |
| Filing → |
| CXW | SELL | 2013-02-27 | $3.1M | — | Filing → |
| CXW | SELL | 2011-06-10 | $430K | — | Filing → |
| CXW | SELL | 2011-05-25 | $455K | — | Filing → |