Raj Vaswani, Co-Founder at SILVER SPRING NETWORKS INC (SSNI), sold 56,853 shares at $11.68 ($670K) on 2017-02-23, disclosed to the SEC on 2017-02-24.
Seasonal sale ($670k) by Co-Founder — this insider has traded SSNI 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 | $12.63 | 4,814 | $61K | 9.1% |
| 2 | $11.68 | 25,178 | $294K | 43.9% |
| 3 | $11.68 | 25,178 | $294K | 43.9% |
| 4 | $12.40 | 600 | $7K | 1.1% |
| 5 | $12.40 | 600 | $7K | 1.1% |
| 6 | $12.51 | 483 |
| $6K |
| 0.9% |
| Total | $11.78 avg | 56,853 | $670K | 100% |
| Filing → |
| SSNI | SELL | 2017-10-10 | $463K | — | Filing → |
| SSNI | SELL | 2017-09-06 | $356K | — | Filing → |
| SSNI | SELL | 2017-08-18 | $386K | — | Filing → |