Michael Sachs serves as Executive at NEW CENTURY FINANCIAL CORP, where they oversee executive responsibilities. Since joining the company, Michael Sachs has executed 8 insider transactions totaling $2.7M, demonstrating a bearish approach to their equity position. Their most recent transaction on Dec 31, 2007 involved selling 30,000 shares valued at $0.
Michael Sachs currently holds 210,000 shares of NEW CENTURY FINANCIAL CORP (NEW), valued at approximately $0. This represents their equity stake as Executive.
Based on SEC Form 4 filings, Michael Sachs has been a net seller of NEW stock. They have purchased $0 and sold $2.7M worth of shares.
Michael Sachs's most recent insider trade was on Dec 31, 2007, when they sold 30,000 shares at $0.00 per share.
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| $N/A |
| Discretionary |
| Dec 31, 2007 | NEWCQ | $0 | Sale | 10,000 | $N/A | Discretionary |
| Dec 31, 2007 | NEWCQ | $0 | Sale | 158,147 | $N/A | Discretionary |
| Dec 31, 2007 | NEWCQ | $0 | Sale | 107,848 | $N/A | Discretionary |
| Dec 31, 2007 | NEWCQ | $0 | Sale | 86,523 | $N/A | Discretionary |
| Feb 8, 2007 | NEW | $2.7M | Sale | 140,000 | $19.62 | Discretionary |
| May 10, 2006 | NEW | $0 | Award | 1,973 | $N/A | Discretionary |