Lew Frankfort, Chairman and CEO at COACH INC (COH), sold 100,000 shares at $77.43 ($7.7M) on 2012-03-13, disclosed to the SEC on 2012-03-14.
Seasonal sale ($7.7M) by Chairman and CEO — this insider has traded COH in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $77.22 | 50,000 | $3.9M | 49.9% |
| 2 | $77.43 | 43,975 | $3.4M | 44.0% |
| 3 | $78.56 | 6,025 | $473K | 6.1% |
| Total | $77.39 avg | 100,000 | $7.7M | 100% |
| Filing → |
| COH | SELL | 2011-05-09 | $22.4M | — | Filing → |
| COH | SELL | 2010-11-24 | $22.1M | — | Filing → |
| COH | SELL | 2010-11-12 | $6.8M | — | Filing → |