Significant Insider purchase of International Flavors & Fragrances (IFF) Shares Extends the Buying Trend of Last Quarter

Monday, August 07, 2017 10:15 PM ET

Significant Insider purchase of International Flavors & Fragrances (IFF) Shares Extends the Buying Trend of Last Quarter

There was significant buying activity in International Flavors & Fragrances shares by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Winder Investment Pte Ltd, 10% Owner — purchased 59,190 shares in the company having a market value of approximately $7,968,045. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 977,408 company shares and the sale of 2,766 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,033,832 shares and have averaged 259,841 shares per transaction over this time period.

The level of buy/sell trading at International Flavors & Fragrances is is less than the 5 peer company average over the last 90-day period. The Food Ingredients peer group saw 28 buy/sell trades during this period for an average of 5.6 transactions per company. However, the number of shares per buy/sell trade for International Flavors & Fragrances is higher. Within the peer group there were 977,408 shares purchased and 2,766 shares sold with company insiders acquiring 324,881 shares on average.

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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