J.C. Penney Company Part Owner Sells 39M Shares and 4 Insider Sales to Note

Pershing Square Capital Manage who is 10% Owner at J. C. Penney Company, Inc. (NYSE:JCP), sold 39,075,771 shares at $12.90 per share for a total value of $504,077,446. The shares recently traded at $12.76, down $0.14, or 1.09% since the insider sale.

jcp-20130829

Patterson John Michael who is Director at Xilinx Inc. (NASDAQ:XLNX), sold 4,893 shares at $43.81 per share for a total value of $214,362. The shares recently traded at $43.52, down $0.29, or 0.66% since the insider sale.

xlnx-20130829

Schmidt Eric E who is Executive Chairman of Board at Google Inc. (NASDAQ:GOOG), sold 13,800 shares at $851.32 per share for a total value of $11,748,264. The shares recently traded at $848.55, down $2.77, or 0.33% since the insider sale.

goog-20130829

Seligman Naomi O who is Director at Akamai Technologies Inc. (NASDAQ:AKAM), sold 20,000 shares at $46.20 per share for a total value of $924,000. The shares recently traded at $46.41, up $0.21, or 0.45% since the insider sale.

akam-20130829

Kurrer Thomas who is Director at Steinway Musical Instruments Inc. (NYSE:LVB), sold 20,000 shares at $40.38 per share for a total value of $807,600. The shares recently traded at $40.37, down $0.01, or 0.02% since the insider sale.

lvb-20130829

Don’t Miss: How Much Will It Cost Verizon to Go It Alone?