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]