Which insider are you talking about? There is about 6.5 million shares held by insiders. I assume that you are talking about one individual... 3/4 of holding of small insider's holding can be insignificant event. Please qualify the base.
We've come up a lot in the past 3 weeks. We need to build a new support level (IMO). If I'm wrong, good luck longs. I had a pretty high acb that I was holding for a while, can't afford to ride it down again.
Reed Krakoff (the person we are talking about) "controls" 1.2 million COH shares. He has direct ownership of 154,648 shares and options to acquire another 1.1 million shares. This is from COH's proxy statement, dated 9/28/05. Krakoff sold 69,382 shares last Friday. That is roughly half of what he personally and directly controls, although the Washington Service that tracks insider transactions shows that he owns just 23,876 shares directly following the sale.
Thank you very much for the information. According to this data he still has large position in option side so I can understand him selling roughly 130,000 shares. That is not that bad .. I believe you can not read too much from this Sale.