ABOVENET INC (ABVT.PK) is a publicly traded company in the Unknown sector. Across all available filings, 21 corporate insiders have executed 61 transactions totaling $45.4M, demonstrating a bearish sentiment with -$31.1M in net insider flow. The most recent transaction on Oct 28, 2008 involved a transaction of 2,000 shares valued at $100.1K.
No significant insider buying has been recorded for ABVT.PK in the recent period.
No significant insider selling has been recorded for ABVT.PK in the recent period.
Based on recent SEC filings, insider sentiment for ABVT.PK is bearish with an Insider Alignment Score of 16/100 and a net flow of -$31.1M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at ABOVENET INC (ABVT.PK) 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, 21 insiders are actively trading ABVT.PK stock, having executed 61 transactions in the past 90 days. The most active insider is Michael D. Luce (Executive), who has made 6 transactions totaling $44.0M.
Get notified when executives and directors at ABVT.PK file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Oct 28, 2008 | G. Laperch William | Executive | Disposition | 2,000 | $50.07 | $100.1K | |
| Oct 28, 2008 | J. Sokota Robert | Executive | Disposition | 2,000 | $50.07 | $100.1K | |
| Oct 28, 2008 | Jendras Douglas | Executive | Disposition | 3,150 | $50.07 | $157.7K | |
| Oct 28, 2008 | Datta Rajiv | Executive | Disposition | 3,500 | $50.07 | $175.2K | |
| Oct 27, 2008 | Ciavarella Joseph | Executive | Award | 35,000 | $N/A | $0 | |
| Sep 8, 2008 | Jacquay John | Executive | Award | 35,000 | $N/A | $0 | |
| Sep 8, 2008 | Jendras Douglas | Executive | Award | 35,000 | $N/A | $0 | |
| Sep 8, 2008 | Datta Rajiv | Executive | Award | 35,000 | $N/A | $0 | |
| Sep 8, 2008 | J. Sokota Robert | Executive | Award | 35,000 | $N/A | $0 | |
| Sep 8, 2008 | J. Embler Michael | Executive | Award | 500 | $N/A | $0 | |
| Sep 8, 2008 | Postma Richard | Executive | Award | 500 | $N/A | $0 | |
| Sep 8, 2008 | L. Shorten Richard | Executive | Award | 500 | $N/A | $0 | |
| Sep 8, 2008 | Subotnick Stuart | Executive | Award | 500 | $N/A | $0 | |
| Sep 8, 2008 | G. Laperch William | Executive | Award | 71,000 | $N/A | $0 | |
| Sep 8, 2008 | A. Brodsky Jeffrey | Executive | Award | 500 | $N/A | $0 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 8 | $38.2M | 70.9% |
Purchase(P) | 2 | $7.2M | 13.3% |
Payment(F) | 8 | $5.9M | 11.0% |
Conversion(C) | 4 | $1.6M | 3.0% |
Disposition(D) | 4 | $533.2K | 1.0% |
Exercise (Options)(X) | 1 | $444.1K | 0.8% |
Award(A) | 29 | $0 | 0.0% |
Other(J) | 2 | $0 | 0.0% |
Exercise(M) | 3 | $0 | 0.0% |
Insider selling pressure at ABOVENET INC has increased, with 21 insiders executing 61 transactions across all time. Total sales of $38.2M significantly outpace purchases of $7.2M, resulting in a net outflow of $31.1M. This selling activity appears largely discretionary, which may warrant closer attention from investors.