John D. Ferguson, Chairman at CORRECTIONS CORP OF AMERICA (CXW), sold 81,835 shares at $37.78 ($3.1M) on 2013-02-25, disclosed to the SEC on 2013-02-27.
Seasonal sale ($3.1M) by Chairman — this insider has traded CXW in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $37.78 | 37,661 | $1.4M | 46.0% |
| 2 | $37.78 | 44,174 | $1.7M | 54.0% |
| Total | $37.78 avg | 81,835 | $3.1M | 100% |
| Filing → |
| CXW | SELL | 2013-03-20 | $573K | — | Filing → |
| CXW | SELL | 2011-06-10 | $430K | — | Filing → |
| CXW | SELL | 2011-05-25 | $455K | — | Filing → |