Insider Sales at Royal Gold (RGLD) Extends the Selling Trend of Last Quarter

Thursday, July 27, 2017 10:15 PM ET

Royal Gold, today, saw two insiders — Stefan Wenger, Officer, and Tony A Jensen, Director and Officer — sell 26,129 shares having a market value of approximately $2,220,965, as reported in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 35,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 61,129 shares and have averaged 12,226 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Royal Gold is greater than the 47-company peer group average. Gold Mining peer group saw 25 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Royal Gold insiders was also higher. Within the peer group there were 39,291 shares purchased and 69,206 shares sold with company insiders having sold 1,197 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to compose and write this story.

Today’s Insider Activity
* Stefan Wenger, Officer, sold 1,129 shares
* Tony A Jensen, Director and Officer, sold 25,000 shares

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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