Green Mountain (GMCR) Founder Unloaded 1M Common Ahead of Starbucks (SBUX) K-Cup Threat
Tweet
Share
E-mailGet Alerts GMCR Hot Sheet
Join SI Premium – FREE
Green Mountain Coffee Roasters (Nasdaq: GMCR) shares are trending lower Monday amid reports of a new insider transaction.
According to Bloomberg headlines, Green Mountain founder Robert Stiller sold shares ahead of the Starbucks (Nasdaq: SBUX) K-Cup threat. The report has Stiller selling about 1 million shares from February 15th - 24th.
It was said that Green Mountain was informed of the plan. Spokespeople for Green Mountain have not commented.
Shares are now up 1.2 percent, off of session highs.
According to Bloomberg headlines, Green Mountain founder Robert Stiller sold shares ahead of the Starbucks (Nasdaq: SBUX) K-Cup threat. The report has Stiller selling about 1 million shares from February 15th - 24th.
It was said that Green Mountain was informed of the plan. Spokespeople for Green Mountain have not commented.
Shares are now up 1.2 percent, off of session highs.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- D.E. Shaw owns $1B+ stake in Sysco - Reuters
- Kanen Wealth Management urges Zevia to explore a sale
- Walmart expected to beat Q2 estimates as tariff refunds lift margins
Create E-mail Alert Related Categories
Hedge Funds, Insider Trades, Insiders' Blog, Trader TalkSign 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!
