$1.5M of TTC sold by Michael Hoffman on 12/20/2012

Hoffman Michael J sold 29,166 shares of Toro Co stock, or $1,457,133 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on December 20, 2012.

After the transaction, Hoffman Michael J's stake was reported as 558,425 shares of Toro Co stock. In addition, Hoffman Michael J performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on December 21, 2012, Hoffman Michael J's sale was done directly over 1 transaction on December 20, 2012. The share price for the transaction was $49.96 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Hoffman Michael J has sold a total of 29,166 shares of Toro Co, proceeds from the sale totaled $1,457,133. Over the same time period, Hoffman Michael J has purchased no shares of Toro Co stock. Hoffman Michael J has also performed other transactions including payment of tax liabilites , and exercise of options .

Let's take a quick, high-level look at insider trading at Toro Co over the past 12 months. A total of 253,869 shares of Toro Co stock was sold by insiders, totaling $13,652,755. Over the same time 12 month time period, 235 shares of Toro Co, for a total value of $10,086 were purchased by company insiders.

To view the complete SEC Filing: Toro Co Form 4 (Insider Trading) SEC Filing