Green Mountain (GMCR) Founder Unloaded 1M Common Ahead of Starbucks (SBUX) K-Cup Threat
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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.
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