PARALLEL PETROLEUM CORP (PLLL) is a publicly traded company in the Unknown sector. Across all available filings, 13 corporate insiders have executed 147 transactions totaling $17.2M, demonstrating a bearish sentiment with -$9.5M in net insider flow. The most recent transaction on Nov 25, 2009 involved a transaction of 5,000 shares valued at $15.8K.
No significant insider buying has been recorded for PLLL in the recent period.
No significant insider selling has been recorded for PLLL in the recent period.
Based on recent SEC filings, insider sentiment for PLLL is bearish with an Insider Alignment Score of 22/100 and a net flow of -$9.5M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at PARALLEL PETROLEUM CORP (PLLL) 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, 13 insiders are actively trading PLLL stock, having executed 147 transactions in the past 90 days. The most active insider is Martin B. Oring (Executive), who has made 27 transactions totaling $28.4M.
Get notified when executives and directors at PLLL file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Nov 25, 2009 | Alton Nash Edward | Executive | Disposition | 5,000 | $3.15 | $15.8K | |
| Nov 25, 2009 | Gp, Llc Apollo Management | Executive | Purchase | 100 | $N/A | $0 | |
| Oct 29, 2009 | Co. Plll Acquisition | Executive | Purchase | 28,150 | $3.15 | $88.7K | |
| Oct 28, 2009 | Co. Plll Acquisition | Executive | Purchase | 260,104 | $3.15 | $819.3K | Large |
| Oct 28, 2009 | Co. Plll Acquisition | Executive | Purchase | 386,815 | $3.15 | $1.2M | Large |
| Oct 27, 2009 | Co. Plll Acquisition | Executive | Purchase | 469,403 | $3.15 | $1.5M | Large |
| Oct 26, 2009 | Co. Plll Acquisition | Executive | Purchase | 1,503 | $3.15 | $4.7K | |
| Oct 22, 2009 | A. Bayley Eric | Executive | Disposition | 1,000 | $3.15 | $3.1K | |
| Oct 22, 2009 | A. Bayley Eric | Executive | Disposition | 5,790 | $3.15 | $18.2K | |
| Oct 22, 2009 | A. Bayley Eric | Executive | Disposition | 96,900 | $3.15 | $305.2K | |
| Oct 22, 2009 | D. Foster Steven | Executive | Disposition | 9,000 | $3.15 | $28.4K | |
| Oct 22, 2009 | D. Foster Steven | Executive | Disposition | 400 | $3.15 | $1.3K | |
| Oct 22, 2009 | D. Foster Steven | Executive | Disposition | 1,600 | $3.15 | $5.0K | |
| Oct 22, 2009 | Oldham Larry | Executive | Disposition | 233,590 | $3.15 | $735.8K | Large |
| Oct 22, 2009 | Oldham Larry | Executive | Disposition | 375,000 | $3.15 | $1.2M | Large |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Award(A) | 21 | $25.4M | 52.3% |
Sale(S) | 49 | $13.4M | 27.6% |
Purchase(P) | 25 | $3.9M | 8.0% |
Disposition(D) | 18 | $3.4M | 7.0% |
Exercise(M) | 23 | $2.2M | 4.6% |
Payment(F) | 1 | $270.3K | 0.6% |
Exercise (Options)(X) | 1 | $1.2K | 0.0% |
Gift(G) | 9 | $0 | 0.0% |
Insider selling pressure at PARALLEL PETROLEUM CORP has increased, with 13 insiders executing 147 transactions across all time. Total sales of $13.4M significantly outpace purchases of $3.9M, resulting in a net outflow of $9.5M. This selling activity appears largely discretionary, which may warrant closer attention from investors.