What Did This CEO Just Do with Personal Shares of Pendrell Corp (NASDAQ: PCO)?

By Carrie Williams

Yesterday, the President & CEO of Pendrell Corp (NASDAQ: PCO), Lee Mikles, sold shares of PCO for $32.13K.

In addition to Lee Mikles, one other PCO executive reported Sell trades in the last month.

The company has a one year high of $7.60 and a one year low of $4.50. Currently, Pendrell Corp has an average volume of 22.08K.

In the last 30 days, insiders have sold $112.2K worth of PCO shares and purchased $50.4K worth of PCO shares. The insider sentiment on Pendrell Corp has been neutral according to 26 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Pendrell Corp. is a fully-integrated intellectual property investment, advisory services and asset management firm. It invests in, acquires and develops businesses with unique technologies that are often protected by intellectual property rights and that present the opportunity to address large, global markets. The company was founded in May 2000 and is headquartered in Kirkland, WA.