Energy Partners I. Lp Kern, 10% Owner at Cobalt International Energy, Inc. (CIE), sold 4,000,000 shares at $26.62 ($106.5M) on 2013-05-10, disclosed to the SEC on 2013-05-14.
Open-market sale of $106.5M CIE 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.