Equity Iii Entrepreneurs Llc Canaan, 10% Owner at ACTIVE NETWORK INC (ACTV), sold 194,486 shares at $16.00 ($3.1M) on 2012-03-05, disclosed to the SEC on 2012-03-06.
Open-market sale of $3.1M ACTV 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 | $16.00 | 146,486 | $2.3M | 75.3% |
| 2 | $16.00 | 48,000 | $768K | 24.7% |
| Total | $16.00 avg | 194,486 | $3.1M | 100% |