Rajiv Datta insider trades: Abovenet (ABVT) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Rajiv reports to the SEC
Open-market buys and sales
9 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Nov 28, 2011 | ABVT | ↓ Sell | 20,000 | $55.74 | $1.1M | Direct | Nov 30, 2011 (2d) |
| Nov 23, 2010 | ABVT | ↓ Sell | 1,656 | $62.00 | $103K | Direct | Nov 24, 2010 (1d) |
| Nov 18, 2010 | ABVT | ↓ Sell | 15,792 | $62.01 | $979K | Direct | Nov 22, 2010 (4d) |
| Nov 15, 2010 | ABVT | ↓ Sell | 13,105 | $62.85 | $824K | Direct | Nov 16, 2010 (1d) |
| Aug 30, 2010 | ABVT | ↓ Sell | 13,000 | $51.41 | $668K | Direct | Sep 1, 2010 (2d) |
| Nov 25, 2009 | ABVT | ↓ Sell | 8,685 | $54.00 | $469K | Direct | Nov 30, 2009 (5d) |
| Nov 20, 2009 | ABVT | ↓ Sell | 9,500 | $54.29 | $516K | Direct | Nov 24, 2009 (4d) |
| Aug 26, 2009 | ABVT | ↓ Sell | 12,550 | $95.01 | $1.2M | Direct | Aug 28, 2009 (2d) |
| Aug 18, 2009 | ABVT | ↓ Sell | 4,500 | $93.10 | $419K | Direct | Aug 20, 2009 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Rajiv Datta's insider trades
Rajiv Datta is Chief Operating Officer at Abovenet (ABVT). Since Aug 18, 2009, Rajiv has reported no open-market purchases and 9 sales worth $6.3M on SEC Form 4. There have been no open-market trades in the last 12 months.
Their filings also include grants and awards (6 filings), option exercises (4 filings), shares returned to the company (2 filings), shares withheld for taxes (2 filings). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every ABVT insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.