Toll Brothers (TOL) Director Bruce Toll Sells Another 400K Shares
Tweet Send to a FriendGet Alerts TOL Hot Sheet
Up)
Trade TOL Now!
Toll Brothers Inc. (NYSE: TOL) Director Bruce Toll disclosed the sale of 400,000 shares on 5/25 at $27,98, bringing the stake owned by the Bruce E. Toll Revocable Trust to 3,592,932 shares. He also owns 668,589 shares directly and another 2,706 through a 401(K) plan.
Selling the stock is nothing new for Mr. Bruce Toll. He also sold 350,000 shares of TOL earlier in the year in the $24 range. However, with memories of the housing crash, the increased level of selling activity has to raise a red flag investors. Before this recent spate of selling he was last a seller in 2010 in the $18 range.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Selling the stock is nothing new for Mr. Bruce Toll. He also sold 350,000 shares of TOL earlier in the year in the $24 range. However, with memories of the housing crash, the increased level of selling activity has to raise a red flag investors. Before this recent spate of selling he was last a seller in 2010 in the $18 range.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- U.S. New Home Starts Rose 6.8% in May, Missing Views; Jobs, Rates Could Influence Purchases
- Celsion (CLNS) CEO Buys 10K Shares In Light of Negative Article
- Synergy Pharma (SGYP) Pops as Chairman Buys More Shares
Create E-mail Alert Related Categories
Insider Trades
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
