Did the CEO, Alan Auerbach, purchase 150,000 shares at $44 on 10/25/2013? That's $6MM. Is this option related or a purchase? Even if it is options, he isn't selling. Seems like a very big positive indicator if I am understanding it correctly. Anyone know?
He was exercising an option. His cost was 0. Nevertheless, it should be noted that no Puma insider has sold shares during the last 6 months, according to Yahoo! and Adage has added 200,000 shares. No seems in a hurry to leave this ship. Also note that today's runup is on relatively heavy volume.