PITTSBURGH, PA (MMD Newswire) February 16, 2012 -- Michael Nuzzo sold 35,900 shares of Gnc Holdings, Inc stock, or $1,079,574 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on February 13, 2012.
After the transaction, Michael Nuzzo's stake was reported as 14,420 shares of Gnc Holdings, Inc stock (a 71% decrease from before the transaction took place). In addition, Michael Nuzzo performed several other transactions, including using transaction codes 'M' (exercise, usually of options). Michael Nuzzo's title was listed as "EVP, Chief Financial Officer" at Gnc Holdings, Inc within the filing.
As noted on February 14, 2012, Michael Nuzzo's sale was done directly over 1 transaction on February 13, 2012. The share price for the transaction was $30.07 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Michael Nuzzo has sold a total of 90,000 shares of Gnc Holdings, Inc, proceeds from the sale totaled $2,661,713. Over the same time period, Michael Nuzzo has purchased no shares of Gnc Holdings, Inc stock. Michael Nuzzo has also performed other transactions including grants or awards , and exercise of options .
Let's take a quick, high-level look at insider trading at Gnc Holdings, Inc over the past 12 months. A total of 22,733,241 shares of Gnc Holdings, Inc stock was sold by insiders, totaling $553,107,364. Over the same time 12 month time period, no shares of Gnc Holdings, Inc were purchased by company insiders.
In addition to Michael Nuzzo's role with Gnc Holdings, Inc, Michael Nuzzo has affiliations with 1 other company. Michael Nuzzo's affiliations include Abercrombie & Fitch Co /de/, Gnc Holdings, Inc .