James R. Donnelley

James R. Donnelley is a declared insider of Sierra Pacific Resources /NV/, with filings sourced from SEC (Form 4). In total, 11 filings cover trades dated from 4 May 2006 to 5 July 2007.

In open-market terms, that means 2 purchases worth €11k on one side and 3 sales worth €1.3M on the other. On balance, insiders were net sellers of €1.3M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 3 share grants and 1 option exercise. 2007 to date brings no purchases and 3 sales.

The latest filing, published on 5 July 2007, reports an option exercise in Sierra Pacific Resources /NV/. The most recent open-market purchase was published on 12 July 2006, 7,425 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. For comparison, the SEC allows two business days to file a Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.