Mhg Subsidiary Llc Ncic, 10% Owner at Morgans Hotel Group Co. (MHGC), sold 1,871,158 shares at $20.00 ($37.4M) on 2006-02-17, disclosed to the SEC on 2006-02-23.
Open-market sale of $37.4M MHGC 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.