Thursday, August 10, 2017 10:15 PM ET
Curtiss Wright (CW) sees Significant Insider Selling Continuing
A filing with the SEC today revealed a significant insider sale of Curtiss Wright shares as — Tom P Quinly, Officer — sold 12,000 shares in the company having a market value of approximately $1,172,640. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 2,600 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 14,600 shares and have averaged 7,300 shares per transaction over this time period.
This number of buy-sell trades at Curtiss Wright is near average for the 15 member peer company. The Aircraft Parts Manufacturing peer group saw 24 buy/sell trades during this period for an average of 1.6 transactions per company. However, trading at Curtiss Wright represents a lower number of shares per transaction. Within the peer group there were 10,000 shares purchased and 2,210,644 shares sold with company insiders disposing of 91,694 shares on average over this time period.
In determining significant insider buying and selling, 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 obtained to compose and write this story.
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