MCDATA CORP (MCDT) is a publicly traded company in the Unknown sector. Across all available filings, 10 corporate insiders have executed 56 transactions totaling $101.7K, demonstrating a bullish sentiment with $101.7K in net insider flow. The most recent transaction on Sep 11, 2006 involved a transaction of 834 shares valued at $3.5K.
No significant insider buying has been recorded for MCDT in the recent period.
No significant insider selling has been recorded for MCDT in the recent period.
Based on recent SEC filings, insider sentiment for MCDT is bullish with an Insider Alignment Score of 100/100 and a net flow of $101.7K. Insiders are accumulating shares, which historically signals confidence in the company's future performance.
Insider trading at MCDATA CORP (MCDT) 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, 10 insiders are actively trading MCDT stock, having executed 56 transactions in the past 90 days. The most active insider is Scott Berman (Executive), who has made 13 transactions totaling $136.9K.
Get notified when executives and directors at MCDT file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 834 | $4.20 | $3.5K | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 100 | $4.21 | $421 | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 1,100 | $4.22 | $4.6K | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 2,500 | $4.23 | $10.6K | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 3,700 | $4.19 | $15.5K | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 6,400 | $4.18 | $26.8K | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 6,975 | $4.17 | $29.1K | |
| Sep 11, 2006 | Berman Scott | Executive | Disposition | 9,200 | $4.16 | $38.3K | |
| Jun 12, 2006 | Alex Mendez M. | Executive | Purchase | 5,000 | $3.73 | $18.6K | |
| Jun 9, 2006 | Alex Mendez M. | Executive | Purchase | 5,000 | $3.71 | $18.6K | |
| Jun 7, 2006 | Alex Mendez M. | Executive | Purchase | 5,000 | $3.76 | $18.8K | |
| Jun 6, 2006 | M. Uhlman Thomas | Executive | Purchase | 2,000 | $3.45 | $6.9K | |
| Jun 6, 2006 | Van Skilling David | Executive | Purchase | 5,000 | $3.50 | $17.5K | |
| Jun 5, 2006 | M. Uhlman Thomas | Executive | Purchase | 2,000 | $3.55 | $7.1K | |
| Jun 5, 2006 | M. Uhlman Thomas | Executive | Purchase | 2,000 | $3.50 | $7.0K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Disposition(D) | 14 | $213.9K | 66.1% |
Purchase(P) | 8 | $101.7K | 31.4% |
Other(J) | 17 | $8.2K | 2.5% |
Award(A) | 17 | $0 | 0.0% |
Insiders at MCDATA CORP are accumulating shares at an accelerated pace. With 10 insiders making 56 transactions totaling $101.7K in purchases versus $0 in sales, the net buying activity of $101.7K signals strong executive confidence. Scott Berman (Executive) leads the buying activity with $136.9K in transactions across all time.