Roland B. Desilets, EVP, Secretary & General Counsel at QAD INC (QADI), sold 9,000 shares at $8.06 ($73K) on 2007-01-12, disclosed to the SEC on 2007-01-16.
Open-market sale of $73k QADI by EVP, Secretary & General Counsel. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
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