Partners Iv Sbic Llc Edison, 10% Owner at TANGOE INC (TNGO), sold 2,989,822 shares at $17.48 ($52.3M) on 2012-04-03, disclosed to the SEC on 2012-04-04.
Open-market sale of $52.3M TNGO 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 | $17.48 | 764,008 | $13.4M | 25.6% |
| 2 | $17.48 | 2,225,814 | $38.9M | 74.4% |
| Total | $17.48 avg | 2,989,822 | $52.3M | 100% |