Michael T. Portacci, Division President at COMMUNITY HEALTH SYSTEMS INC (CYH), sold 58,391 shares at $48.56 ($2.8M) on 2015-02-27, disclosed to the SEC on 2015-03-02.
Seasonal sale ($2.8M) by Division President — this insider has traded CYH 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 | $48.52 | 3,496 | $170K | 6.0% |
| 2 | $48.56 | 50,000 | $2.4M | 85.6% |
| 3 | $48.52 | 4,895 | $238K | 8.4% |
| Total | $48.55 avg | 58,391 | $2.8M | 100% |
| Filing → |
| CYH | SELL | 2015-02-27 | $2.2M | — | Filing → |
| CYH | SELL | 2014-08-07 | $747K | — | Filing → |
| CYH | SELL | 2014-05-23 | $198K | — | Filing → |