Cobalt International Energy, Inc (CIE) insider Starzec Jeffrey A sells $ 1.6M of stock

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June 12, 2012 (MMD Newswire) -- Starzec Jeffrey A sold 70,000 shares of Cobalt International Energy, Inc stock, or $1,605,643 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between June 7, 2012 - June 8, 2012.

After the transaction, Starzec Jeffrey A's stake was reported as 193,222 shares of Cobalt International Energy, Inc stock.

As noted on June 8, 2012, Starzec Jeffrey A's sale was done directly over 4 transactions from June 7, 2012 to June 8, 2012. The share price ranged from $22.32 to $23.87 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Starzec Jeffrey A has sold a total of 70,000 shares of Cobalt International Energy, Inc, proceeds from the sale totaled $1,605,643. Over the same time period, Starzec Jeffrey A has purchased no shares of Cobalt International Energy, Inc stock.

Let's take a quick, high-level look at insider trading at Cobalt International Energy, Inc over the past 12 months. A total of 101,019,432 shares of Cobalt International Energy, Inc stock was sold by insiders, totaling $2,726,976,029. Over the same time 12 month time period, 75,332 shares of Cobalt International Energy, Inc, for a total value of $858,272 were purchased by company insiders.

Source: SEC Filings

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