Ordinarily, insiders sell when they think a company's stock is headed lower. So far, however, only three executives have exercised and sold year-old options that became theirs to play with on Feb. 25. They are retiring labor chief Wendell Van Lare; human resources chief Roxanne Horning, and Newsquest CEO Paul Davidson.GCI closed at $15.32 a share on Feb. 25. It closed today at $16.72, amid a broad and powerful rally across Wall Street. That's a 9% gain for Gannett vs. 6% for the S&P-500 index.
[Data: Google Finance]
Yes, but you are looking at this only in the short term. Remember, GCI once touched $80, and not that long ago.
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