Virginia Resource Gp Corp. Penn, 10% Owner at Penn Virginia GP Holdings, L.P. (PVG), sold 10,000,000 shares at $11.81 ($118.1M) on 2009-09-16, disclosed to the SEC on 2009-09-17.
Open-market sale of $118.1M PVG 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.