Trinity Industries (TRN) sees Significant Insider buy Extending Trend of purchases over Last Quarter

Wednesday, August 09, 2017 10:15 PM ET

Trinity Industries (TRN) sees Significant Insider buy Extending Trend of purchases over Last Quarter

One insider — ValueAct Holdings Lp, 10% Owner — today, purchased 60,819 shares of Trinity Industries having a market value of approximately $1,726,630, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 323,095 company shares and the disposition of 27,742 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 356,172 shares and have averaged 137,219 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Trinity Industries is higher than the 22-company peer group average. Industrial Conglomerates peer group saw 12 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Trinity Industries insiders was also higher. Within the peer group there were 920,940 shares purchased and 29,965 shares sold with company insiders acquiring 80,998 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 sourced to evaluate 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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