HANS Insiders Selling Shares

Hansen Natural (Nasdaq: HANS) CEO, Rodney Sacks, sold 27,550 shares on 03/28-03/29 at prices from $59.80-$60. Yesterday, Vice-Chairman and President, Hilton Schlosberg, disclosed he sold 27,550 shares at prices from $59.80-$60 and 10% owner Brandon Ltd sold 27,500 shares. (We�re not sure if this is the same transaction --- note, all sales are the same size)

NOTE - The 52-week high on the stock is $60.04, so the insiders sold right at the top. The sales are concerning because the stock has been on such a roll lately and a few days ago there were even rumors floating around that Coca-Cola (NYSE: KO) may buy the company. The CEO and Pres still own boat loads of stock, but it always raises a red flag with us when insiders are sell strength.

You May Also Be Interested In

• On Holding AG (ONON) Insider Trades
• Intel CEO to buy $12 million in company stock in recent stock offering
• Beeline CEO puts $500,000 into company via convertible note