Jerome B. Eisenberg, Director at ORBCOMM Inc. (ORBC), sold 150,000 shares at $6.96 ($1.0M) on 2020-12-14, disclosed to the SEC on 2020-12-15.
Seasonal sale ($1.0M) by Director — this insider has traded ORBC in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.70 | 50,000 | $335K | 33.1% |
| 2 | $6.96 | 50,000 | $348K | 34.4% |
| 3 | $6.57 | 50,000 | $329K | 32.5% |
| Total | $6.74 avg | 150,000 | $1.0M | 100% |
| Filing → |
| ORBC | SELL | 2018-12-06 | $49K | — | Filing → |
| ORBC | SELL | 2018-11-05 | $47K | — | Filing → |
| ORBC | SELL | 2018-10-03 | $54K | — | Filing → |