Ross C. Towne

Ross C. Towne is a declared insider of Edac Technologies Corp, with filings sourced from SEC (Form 4). Over a trading history stretching from 11 May 2007 to 28 November 2008, the count stands at 27 filings.

Both buying and selling appear: 5 purchases worth €12k, against 21 sales worth €106k. The net balance comes to €94k on the selling side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The rest of the record consists of 1 option exercise. So far in 2008, the count stands at 5 purchases and 2 sales.

Half of the purchases are above €1,315 and half below.

On 1 December 2008 came the latest disclosure, an open-market purchase for €62 in Edac Technologies Corp. 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. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.