Allan W. Karp, 10% Owner at rue21, inc. (RUE), sold 6,000,000 shares at $28.50 ($171.0M) on 2010-02-25, disclosed to the SEC on 2011-06-01.
Open-market sale of $171.0M RUE 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.