Insider Sale at Reinsurance Group of America (RGA) Continues Selling Trend

Tuesday, August 08, 2017 10:15 PM ET

Insider Sale at Reinsurance Group of America (RGA) Continues Selling Trend

An insider sold 7,500 shares of Reinsurance Group of America having a market value of approximately $1,047,682 today, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 750 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 8,250 shares and have averaged 4,125 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Reinsurance Group of America is greater than the 1-company peer group average. Life & Health Reinsurance peer group saw 1 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Reinsurance Group of America insiders was also higher. Within the peer group there were 0 shares purchased and 750 shares sold with company insiders disposing of 750 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 used to compose 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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