Insider Makes Significant Stock buy in Ecolab (ECL) Shares Breaks Selling Trend of Last 90 Days

Monday, August 07, 2017 10:15 PM ET

Insider Makes Significant Stock buy in Ecolab (ECL) Shares Breaks Selling Trend of Last 90 Days

Notable insider buying activity was revealed in Ecolab shares in a form 4 document filed with the SEC today, showing — William H Gates III, 10% Owner — acquired 75,500 shares in the company having a net market value of approximately $10,009,126. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 23,151 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 52,349 shares and have averaged 49,326 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Ecolab is higher than the 32-company peer group average. Specialty Chemicals peer group saw 34 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Ecolab insiders was also higher. Within the peer group there were 25,380 shares purchased and 175,903 shares sold with company insiders selling 4,427 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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