Latest filing published 20 Sept 2013 for Tower Group, Inc., €8.8M.
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Not enough history yet: 0 closed purchases, at least 2 are needed.
This profile gathers the share dealings of Michael H. Lee across 2 companies, led by Tower Group, Inc. and CastlePoint Holdings, Ltd. We count 78 filings; the first trade dates from 31 March 2006 and the latest from 18 September 2013.
On the open market, the record shows 2 purchases worth €1.6M and 10 sales worth €13.4M. Taken together, the sales exceed the purchases by €11.9M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 54 share grants. 2013 to date brings no purchases and 5 sales.
Most recently, on 20 September 2013, the filings show an open-market sale worth €90k in Tower Group, Inc. The latest purchase dates back some time: it was published 7,148 days ago, on 30 March 2007. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. The legal deadline for a Form 4 is two business days after the transaction. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
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