Continued Level of Significant Insider Selling at The Brink’s Co (BCO)

Wednesday, August 02, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at The Brink’s Co (BCO)

A significant insider sale of the shares of The Brink’s Co was disclosed in a form 4 document filed with the SEC today, showing — Peter A Feld, Director — disposed of 185,725 shares in the company having a market value of approximately $14,505,814. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 9,600 company shares and the sale of 878,398 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,054,523 shares and have averaged 214,745 shares per transaction over this time period.

Insider buy/sell trading at The Brink’s Co is higher than the 64 peer company average over the last 90-day period. The Business Support Services peer group saw 68 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for The Brink’s Co insiders was also higher. Within the peer group there were 323,852 shares purchased and 1,489,474 shares sold with company insiders disposing of 17,142 shares on average.

The data used in evaluating and writing in this story eliminates 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.

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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