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Four U.S. Bancorp (USB) executives took advantage of a nice run to unload more than $2.5M worth...

Four U.S. Bancorp (USB) executives took advantage of a nice run to unload more than $2.5M worth of stock in the week beginning May 7. A bank spokesman notes execs have a small window to sell stock following earnings (April 16) and it closed in mid-May. It should be noted that insiders buy for just one reason, but sell for any number of motivations. Still InsiderInsights' Jon Moreland notes the sales are contrary to the action he's seeing at numerous other banks both big and small.
Comments (1)
  • BUZ FAIR
    , contributor
    Comments (2) | Send Message
     
    Looks as though they sold a little early. USB has had their first significant move in just the last two days.
    15 May 2013, 10:06 PM Reply Like
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