Demandware (NYSE: DWRE) director Jill Granoff offloaded 30,000 shares of the company’s stock in the open market on Monday, September 23rd. The stock was sold at an average price of $45.56, for a total transaction value of $1.37 million. Following the completion of the transaction, the director now directly owns 8,680 shares in the company, valued at approximately $395,461. The transacted shares represented 77% of the director’s total holding before the sale. Demandware stock fell by 3.53% in the last trading session closing the day at a price of $45.67.
Another notable insider seller was Zix Corp (NASDAQ: ZIXI) CEO Richard Spurr, who sold 315,000 shares of the company’s stock in open market transactions spread over three days during the last week. The CEO sold his shares for a total transaction value of $1.53 million, representing close to 47% of his shareholding before the last week’s sales. The CEO now holds 350,547 shares of the company’s shares valued at $1.7 million. Zix Corp stock lost .61% in regular trading yesterday, having gained close to 8.6% in the last 5 trading days.
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