SHELLS SEAFOOD RESTAURANTS INC (SHLL) is a publicly traded company in the Unknown sector. Across all available filings, 8 corporate insiders have executed 22 transactions totaling $22.3M, demonstrating a bearish sentiment with -$20.6M in net insider flow. The most recent transaction on Jun 19, 2020 involved a sale of 1,000,000 shares valued at $13.8M.
No significant insider buying has been recorded for SHLL in the recent period.
No significant insider selling has been recorded for SHLL in the recent period.
Based on recent SEC filings, insider sentiment for SHLL is bearish with an Insider Alignment Score of 4/100 and a net flow of -$20.6M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at SHELLS SEAFOOD RESTAURANTS INC (SHLL) 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, 8 insiders are actively trading SHLL stock, having executed 22 transactions in the past 90 days. The most active insider is Asset Management Partners Inc. Polar (Executive), who has made 4 transactions totaling $21.4M.
Get notified when executives and directors at SHLL file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jun 19, 2020 | Management Partners Inc. Polar Asset | Executive | Sale | 1,000,000 | $13.78 | $13.8M | Large |
| Jun 19, 2020 | Management Partners Inc. Polar Asset | Executive | Sale | 100,000 | $14.15 | $1.4M | Large |
| Jun 19, 2020 | Management Partners Inc. Polar Asset | Executive | Sale | 250,000 | $14.50 | $3.6M | Large |
| Jun 19, 2020 | Management Partners Inc. Polar Asset | Executive | Sale | 200,000 | $13.13 | $2.6M | Large |
| Mar 4, 2019 | Brock Darrell Jr | Executive | Purchase | 5,000 | $10.00 | $50.0K | |
| Mar 4, 2019 | T. Cubbage Vincent | Executive | Purchase | 25,000 | $10.00 | $250.0K | |
| Mar 4, 2019 | S. Pang Stephen | Executive | Purchase | 5,000 | $10.00 | $50.0K | |
| Mar 4, 2019 | Savage Connie | Executive | Purchase | 2,500 | $10.00 | $25.0K | |
| Mar 4, 2019 | C. Schnitzer Steven | Executive | Purchase | 5,000 | $10.00 | $50.0K | |
| Nov 13, 2006 | Galloway Bruce | Executive | Purchase | 99,000 | $0.75 | $74.3K | |
| Nov 12, 2006 | L. Herman Gary | Executive | Purchase | 99,000 | $0.75 | $74.3K | |
| Nov 1, 2005 | L. Herman Gary | Executive | Purchase | 463,800 | $N/A | $0 | |
| May 24, 2005 | Galloway Bruce | Executive | Purchase | 1,644,064 | $N/A | $0 | |
| May 24, 2005 | Galloway Bruce | Executive | Purchase | 14,342 | $15.00 | $215.1K | |
| May 24, 2005 | Galloway Bruce | Executive | Purchase | 463,800 | $N/A | $0 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 4 | $21.4M | 96.0% |
Purchase(P) | 18 | $882.6K | 4.0% |
Insider selling pressure at SHELLS SEAFOOD RESTAURANTS INC has increased, with 8 insiders executing 22 transactions across all time. Total sales of $21.4M significantly outpace purchases of $882.6K, resulting in a net outflow of $20.6M. This selling activity appears largely discretionary, which may warrant closer attention from investors.