May 10, 2016

Posted by in Stock Reports | 0 Comments

Significant Insider Selling Activity: Danaher Corporation (NYSE:DHR), Colgate-Palmolive Company (NYSE:CL), Trimble Navigation Limited (NASDAQ:TRMB)

Significant Insider Selling Activity: Danaher Corporation (NYSE:DHR), Colgate-Palmolive Company (NYSE:CL), Trimble Navigation Limited (NASDAQ:TRMB)

As a general rule, insider buying shows management’s confidence in the company, and is considered a bullish sign—in other words a sign that stock prices are likely to go up. Conversely, insider selling is considered bearish—those in the know may be off loading their stocks in an expectation that prices will soon fall. So it pays to keep an eye on the activities of insiders.

Studies have shown that prompt and timely dissemination of insider transactions are profitable for investors, as insiders tend to beat the market. The odds in favor of an insider purchase being followed by further purchases are three times greater than the odds of a purchase followed by a sale.

Danaher Corporation (NYSE:DHR) saw an insider sell on Apr 27, 2016 that may make shareholders worried. LICO JAMES A, Executive Vice President, sold 58,954 shares at $96.93 a piece. The total sale came to $5,714,495, leaving the total count to 122,563 shares. Its shares currently owned by company management are 1.00% while institutional investors own about 79.80%. The 6-month change recorded in total insider ownership was -5.52%. On the other side, 0.48% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved THOMPSON DELIA H, a SrVP Investor Relations at Colgate-Palmolive Company (NYSE:CL) sold 40,000 shares at $72.08 per share to trim the total holding at 147,673 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 75.90%. The 6-month change recorded in total insider ownership was -19.27%. On the other side, -0.54% change in total institutional ownership has been reported for the 3-month period.

Trimble Navigation Limited (NASDAQ:TRMB) also received some insider trading action as BERGLUND STEVEN W, who the company’s President & CEO is sold some 100,000 shares at a price of $23.07 per share to the holding that now comprises of 64,901 shares. Its shares currently owned by company management are 0.10% while institutional investors own about 93.40%. The 6-month change recorded in total insider ownership was -68.73%. On the other side, -1.11% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

 

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