Buy:: President & CEO Keith E Wandell bought 1,000 shares of HOG stock on 01/26/2010 at the average price of 23.59, the price of the stock has increased by 50.45% since.
Directors and Officers Recent Trades:
Buy:: Director Martha Brooks bought 2,000 shares of HOG stock on 01/27/2010 at the average price of 23.22, the price of the stock has increased by 52.84% since.
Sell:: Exec VP, Gen Counsel & Secy Gail A Lione sold 13,015 shares of HOG stock on 04/22/2010 at the average price of 34.54, the price of the stock has increased by 2.75% since.
Sell:: EVP Corporate Product Planning James A Mccaslin sold 80,000 shares of HOG stock on 02/19/2010 at the average price of 24.35, the price of the stock has increased by 45.75% since.
Sell:: Sr VP-Chief Marketing Officer Mark Hans Richer sold 10,908 shares of HOG stock on 02/18/2010 at the average price of 24.6, the price of the stock has increased by 44.27% since.
Sell:: Exec VP, Gen Counsel & Secy Gail A Lione sold 2,000 shares of HOG stock on 02/04/2010 at the average price of 23.19, the price of the stock has increased by 53.04% since. President & COO Buell of HarleyDavidson Inc. (HOG) Jon R Flickinger sells 4,620 shares of HOG on 04/21/2010 at an average price of $34.41 a share.
looks a little fishy to me. Im not a stock guy so correct me if Im wrong but dosent it look bad when a lot of the top brass start dumping stock?
or
Is this just further proof that Wandell is out of touch with reality.
I ran across this yesterday while looking at the HOG stock page. I thought this was interesting. May be in the planning stages of starting a new motorcycle company. I guess we'll just have to wait and see.
The blind facts are that this is pure good money managment profit taking. I am a commodity trader. I know this shit since 1995. If 50% profit is on the table you better take it and study a new position. Its just good business.
You really shouldnt put any weight or inssite in on these sales. As much as I would like to say DIE MF DIE. This doesnt mean anything. tried and quantified.
Looking at the figures provided, one can only assume that apart from Wandell, Flickinger & Lione the others are all cretins (particularly the head of forward planning) as they sold low & the stock rose by nearly 50% afterwards.
Whereas Wandell bought low & has seen a fat profit.
What it also might mean is that the takeover rumors are factless, why sell your stock if a takeover will happen which will probably drive the stock up a bunch.
So if a h-d Exec buys h-d low and sells high....comes back later and buys h-d low again,....what is he doing for the good of anybody? Fleecing for himself....
I think it depends on who started the rumors. If someone at harley started them to boost stock price, then I do believe it is illegal. If outside idiots start speculating, then there is no control and they can do whatever they want.
well the other thing im seeing that brings a question is this. those numbers as far as units sold look low for someone that high up so the question is how many did they have to start off with?
looks to me like they are just makin a buck not dumping stock but then again i also dont know how many shares they had to start off with or even what kind of shares they are if there are more than one within the harley group
Executives and employees of publicly traded companies are typically subject to 'blackout' periods, where they cannot trade company stock. These dates are centered around fiscal year ends, quarter end dates and other announcements that may affect the company stock. Purpose of these rules are to make sure there are not allegations of insider trading etc. (like Enron execs dumping stock just before the bottom fell out of that company). I believe the blackout dates are set by a given company. So you have to take when stock is bought or sold with a grain of salt. Do it at the wrong time and they are up for a lot of scrutiny.
These guys can also set a given stock price they want to sell at- picking the price allows them to sell inside of the blackout period, but not be held accountable for insider trading, since they merely picked the price. The HOG sales look like they just sold the stock though.
I stuck a few links below that have the major holders holders of HOG and also their insider trades. Laws into trading allow access to so much information...