Date archive for June 13th, 2012
Insider Transactions – June 12, 2012
Notable Insider Buys:
1. Tempur Pedic International Inc. (TPX): $23.87
Director P Andrews McLane acquired 112,000 shares of this mattress manufacturer, paying $25.02 per share for a total amount of $2.8 million. Mr. McLane increased his stake by 107.55% to 216,136 shares with this purchase. 12,000 of these shares were purchased indirectly by Mr. McLane’s spouse.
Tempur-Pedic’s stock has been in free fall over the last two months crashing from a high of over $87 in April to current levels. So what is behind this 73% drop in the stock price? The company forecast that it ...
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