Insider Sales at TransUnion (TRU) Extends the Selling Trend of Last Quarter

Wednesday, August 09, 2017 10:15 PM ET

Insider Sales at TransUnion (TRU) Extends the Selling Trend of Last Quarter

There was a significant level of insider selling disclosed today in filings with the SEC for TransUnion. Four insiders — Mehta, Neenan, Awad, and Blenke — sold 131,646 shares in the company for approximately $6,003,058. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 211,753 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 343,399 shares and have averaged 57,233 shares per transaction over this time period.

The number of insider buy/sell trades at TransUnion is greater than the 19 peer company average over the last 90-day period. The Professional Information Services peer group saw 32 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for TransUnion insiders was also higher. Within the peer group there were 101,900 shares purchased and 429,356 shares sold with company insiders selling 10,233 shares on average.

The data sourced in creating 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.

Today’s Insider Activity
* Siddharth N Mehta, Director, sold 50,000 shares
* David M Neenan, Officer, sold 50,000 shares
* George M Awad, Director, sold 6,646 shares
* John W Blenke, Officer, sold 25,000 shares

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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