Insiders selling huge slabs of stock always rattles nerves among a shareholder base. Last Wednesday, Guzman y Gomez chairman Guy Russo was the first, selling $35.5 million in shares.
This Wednesday, TDM Partners, led by retiring Tom Cowan (himself a director on the board), got in before the market open, announcing $89.5 million in shares had been dispatched in a block trade.
Gift articles to anyone you choose each month when you subscribe.
