$1.9M of PRAA sold by Steven Fredrickson on 08/02/2012

Fredrickson Steven D sold 20,000 shares of Portfolio Recovery Associates Inc stock, or $1,928,666 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on August 2, 2012.

After the transaction, Fredrickson Steven D's stake was reported as 123,251 shares of Portfolio Recovery Associates Inc stock.

As noted on August 3, 2012, Fredrickson Steven D's sale was done directly over 8 transactions on August 2, 2012. The share price ranged from $92.4 to $100.07 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Fredrickson Steven D has sold a total of 20,000 shares of Portfolio Recovery Associates Inc, proceeds from the sale totaled $1,928,666. Over the same time period, Fredrickson Steven D has purchased no shares of Portfolio Recovery Associates Inc stock.

Let's take a quick, high-level look at insider trading at Portfolio Recovery Associates Inc over the past 12 months. A total of 35,000 shares of Portfolio Recovery Associates Inc stock was sold by insiders, totaling $3,223,134. Over the same time 12 month time period, 3,500 shares of Portfolio Recovery Associates Inc, for a total value of $241,205 were purchased by company insiders.

To view the complete SEC Filing: Portfolio Recovery Associates Inc Form 4 (Insider Trading) SEC Filing