ABOVENET INC (ABVT) is a publicly traded company in the Unknown sector. Across all available filings, 16 corporate insiders have executed 160 transactions totaling $77.7M, demonstrating a bearish sentiment with -$77.5M in net insider flow. The most recent transaction on Jul 2, 2012 involved a transaction of 6,238 shares valued at $524.0K.
No significant insider buying has been recorded for ABVT in the recent period.
No significant insider selling has been recorded for ABVT in the recent period.
Based on recent SEC filings, insider sentiment for ABVT is bearish with an Insider Alignment Score of 0/100 and a net flow of -$77.5M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at ABOVENET INC (ABVT) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 16 insiders are actively trading ABVT stock, having executed 160 transactions in the past 90 days. The most active insider is Llc Fiber (Executive), who has made 1 transactions totaling $37.7M.
Get notified when executives and directors at ABVT file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jul 2, 2012 | L. Shorten Richard | Executive | Disposition | 6,238 | $84.00 | $524.0K | Large |
| Jul 2, 2012 | Ciavarella Joseph | Executive | Disposition | 69,738 | $84.00 | $5.9M | Large |
| Jul 2, 2012 | A. Brodsky Jeffrey | Executive | Disposition | 24,872 | $84.00 | $2.1M | Large |
| Jul 2, 2012 | G. Laperch William | Executive | Disposition | 251,802 | $84.00 | $21.2M | Large |
| Jul 2, 2012 | J. Embler Michael | Executive | Disposition | 10,879 | $84.00 | $913.8K | Large |
| Jul 2, 2012 | Ridolfi Nicholas | Executive | Disposition | 15,000 | $84.00 | $1.3M | Large |
| Jul 2, 2012 | Subotnick Stuart | Executive | Disposition | 9,872 | $84.00 | $829.2K | Large |
| Jul 2, 2012 | Datta Rajiv | Executive | Disposition | 137,738 | $84.00 | $11.6M | Large |
| Jul 2, 2012 | Postma Richard | Executive | Disposition | 18,560 | $84.00 | $1.6M | Large |
| Jul 2, 2012 | J. Sokota Robert | Executive | Disposition | 110,738 | $84.00 | $9.3M | Large |
| May 25, 2012 | G. Laperch William | Executive | Gift | 2,970 | $N/A | $0 | |
| May 14, 2012 | J. Embler Michael | Executive | Gift | 2,700 | $N/A | $0 | |
| May 11, 2012 | L. Shorten Richard | Executive | Option Exercise | 2,000 | $30.00 | $60.0K | |
| May 11, 2012 | L. Shorten Richard | Executive | Sale | 6,000 | $83.23 | $499.4K | |
| Dec 1, 2011 | A. Brodsky Jeffrey | Executive | Award | 3,000 | $N/A | $0 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 78 | $77.6M | 56.3% |
Disposition(D) | 10 | $55.1M | 39.9% |
Exercise(M) | 27 | $3.0M | 2.2% |
Exercise (Options)(X) | 2 | $1.3M | 0.9% |
Payment(F) | 3 | $813.4K | 0.6% |
Purchase(P) | 1 | $120.0K | 0.1% |
Gift(G) | 2 | $0 | 0.0% |
Award(A) | 37 | $0 | 0.0% |
Insider selling pressure at ABOVENET INC has increased, with 16 insiders executing 160 transactions across all time. Total sales of $77.6M significantly outpace purchases of $120.0K, resulting in a net outflow of $77.5M. This selling activity appears largely discretionary, which may warrant closer attention from investors.