Mark E. Pasquerilla, Director at PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (PEI), sold 100,000 shares at $15.54 ($1.6M) on 2012-08-24, disclosed to the SEC on 2012-08-28.
Seasonal sale ($1.6M) by Director — this insider has traded PEI in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $15.54 | 40,000 | $622K | 39.7% |
| 2 | $15.74 | 60,000 | $944K | 60.3% |
| Total | $15.66 avg | 100,000 | $1.6M | 100% |
| Filing → |
| PEI | SELL | 2011-12-20 | $507K | — | Filing → |
| PEI | SELL | 2011-12-07 | $495K | — | Filing → |
| PEI | SELL | 2011-11-04 | $493K | — | Filing → |