Insider Sale at Exelon (EXC) Continues Selling Trend

Tuesday, August 01, 2017 10:15 PM ET

Insider Sale at Exelon (EXC) Continues Selling Trend

An insider — Denis P O’Brien, Officer — disposed of 30,000 shares of Exelon having a market value of approximately $1,155,000 today, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 3,000 company shares and the disposition of 13,333 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 40,333 shares and have averaged 15,444 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Exelon is higher than its 64-company peer group average. The Electric Utilities peer group saw 92 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by Exelon insiders is lower than its peers. Within the peer group there were 195,253 shares purchased and 7,865,407 shares sold with company insiders having sold 83,371 shares on average over this time period.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data obtained to create and write this story.

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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