Francesco Piovanetti, 10% Owner at Net Element, Inc. (NETE), sold 1,150,000 shares at $4.00 ($4.2M) on 2014-09-15, disclosed to the SEC on 2014-09-17.
Open-market sale of $4.2M NETE 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.00 | 250,000 | $750K | 17.9% |
| 2 | $3.67 | 25,000 | $92K | 2.2% |
| 3 | $3.72 | 50,000 | $186K | 4.4% |
| 4 | $4.00 | 100,000 | $400K | 9.6% |
| 5 | $4.02 | 52,352 | $210K | 5.0% |
| 6 | $4.03 | 100,000 |
| $403K |
| 9.6% |
| 7 | $4.15 | 50,000 | $208K | 5.0% |
| 8 | $4.36 | 100,000 | $436K | 10.4% |
| 9 | $4.83 | 100,000 | $483K | 11.6% |
| 10 | $2.91 | 170,000 | $495K | 11.8% |
| 11 | $3.27 | 102,648 | $336K | 8.0% |
| 12 | $3.64 | 50,000 | $182K | 4.4% |
| Total | $3.63 avg | 1,150,000 | $4.2M | 100% |
| Filing → |
| NETE | BUY | 2012-10-29 | $24K | — | Filing → |
| LUM | BUY | 2008-02-14 | $87K | — | Filing → |