Stephen E. Walter, VP of Wireless at NEW FRONTIER MEDIA INC (NOOF), sold 18,698 shares at $9.35 ($175K) on 2006-12-08, disclosed to the SEC on 2006-12-11.
Open-market sale of $175k NOOF by VP of Wireless. 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.35 | 970 | $9K | 5.2% |
| 2 | $9.35 | 6,149 | $57K | 32.9% |
| 3 | $9.35 | 11,579 | $108K | 61.9% |
| Total | $9.35 avg | 18,698 | $175K | 100% |