Insider Report: Selling topped $53M in July

Boston Business Journal
Sep. 02, 2009

Stock sales among Massachusetts’ corporate insiders — executives and directors running the state’s publicly traded companies — topped $53 million in July, dwarfing that same group’s purchases for the month, which totaled less than $5,000.

The lopsided insider activity came during a particularly buoyant stretch in the stock market, indicating that many well-heeled executives and directors were seizing an opportunity to cash out after months of poor returns.

The trading data was provided by financial markets researcher Thomson Reuters.

Below is a list of the month’s biggest sellers and buyers, ranked in descending order by transaction values.

BIGGEST SELLERS:

Insider Name — Company name — Ticker — Value sold

  • Ryan, Vincent J. — IRON MOUNTAIN INC. — IRM — $19,867,691
  • Ayasli, Yalcin — HITTITE MICROWAVE CORP. — HITT — $14,435,924
  • Horne, Timothy P. — WATTS WATER TECHNOLOGIES INC. — WTS — $2,619,770
  • Hess, William H. — AMERICAN TOWER CORP. — AMT — $2,384,200
  • Smith, Daniel L. — RAYTHEON CO. — RTN — $2,000,552
  • Meyrowitz, Carol M. — TJX COMPANIES INC. — TJX — $1,583,793
  • Boger, Kenneth S. — VERTEX PHARMACEUTICALS INC. — VRTX — $1,467,129
  • Yurek, Gregory J. — AMERICAN SUPERCONDUCTOR CORP. — AMSC — $1,178,437
  • Boger, Joshua S. — VERTEX PHARMACEUTICALS INC. — VRTX — $1,098,624
  • Aldrich, David J. — SKYWORKS SOLUTIONS INC. — SWKS — $1,020,500
  • Zimon, Eugene J. — NSTAR — NST — $753,191
  • Herrman, Ernie L. — TJX COMPANIES INC. — TJX — $682,600
  • Stankiewicz, Charles W. — AMERICAN SUPERCONDUCTOR CORP. — AMSC — $631,501
  • Bertucci, John R. — MKS INSTRUMENTS INC. — MKSI — $458,250
  • Shagoury, John D. — NUANCE COMMUNICATIONS INC. — NUAN — $305,470
  • Freyman, Bruce J. — SKYWORKS SOLUTIONS INC. — SWKS — $303,750
  • Lee, Yuchun — UNICA CORP. — UNCA — $303,546
  • Peck, Charles H. — BROOKLINE BANCORP INC. — BRKL — $266,728
  • Levan, George M. — SKYWORKS SOLUTIONS INC. — SWKS — $180,000
  • Colella, Gerald G. — MKS INSTRUMENTS INC. — MKSI — $166,784
  • Goglia, Richard A. — RAYTHEON CO. — RTN’ — $139,500
  • Greiner, Helen — IROBOT CORP. — IRBT — $131,700
  • Weafer, Robert J. Jr. — NSTAR — NST — $130,000
  • Graves, Kurt C. — VERTEX PHARMACEUTICALS INC. — VRTX — $129,462
  • Lee, John Tseng Chung — MKS INSTRUMENTS INC. — MKSI — $118,357
  • Henry, David A. — AMERICAN SUPERCONDUCTOR CORP. — AMSC — $102,600
  • Chapin, David C. — BROOKLINE BANCORP INC. — BRKL — $100,864
  • Difillippo, David A. — UNIFIRST CORP. — UNF — $86,164
  • Szabados, Michael — NETSCOUT SYSTEMS INC. — NTCT — $80,376
  • Nolan, Joseph R Jr. — NSTAR — NST — $79,400
  • Mueller, Peter — VERTEX PHARMACEUTICALS INC. — VRTX — $78,912
  • Maupay, Walter R Jr. — CUBIST PHARMACEUTICALS INC. — CBST — $72,000
  • Floyd, William H III — ASPECT MEDICAL SYSTEMS INC. — ASPM — $32,500
  • Owings, Michael Paul — PHASE FORWARD INCORP. — PFWD — $20,145
  • Weinstein, Glen Daniel — IROBOT CORP. — IRBT — $13,040
  • Austin, W Marxe Et Al — MICROFINANCIAL INC. — MFI — $5,004
  • Silva, Paul M. — VERTEX PHARMACEUTICALS INC. — VRTX — $4,460
  • Hildreth, Norman G. Jr. — HITTITE MICROWAVE CORP. — HITT — $3,532


BIGGEST BUYERS:

Insider Name — Company Name — Ticker — Value of purchases



SOURCE: Thomson Reuters













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