Insider Makes Significant Stock buy in Virtu Financial (VIRT) Shares Extends the Trend of Last 90 Days

Friday, August 11, 2017 10:15 PM ET

Insider Makes Significant Stock buy in Virtu Financial (VIRT) Shares Extends the Trend of Last 90 Days

Notable insider buying activity was disclosed in Virtu Financial shares in a form 4 document filed with the SEC today, showing — Temasek Holdings (Private) Ltd, 10% Owner — purchased 1,666,666 shares in the company having a net market value of approximately $25,999,990. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 6,684,279 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 8,350,945 shares and have averaged 2,783,648 shares per transaction over this time period.

The number of buy-sell trades for Virtu Financial is close to that of the 12 member peer company average. The Financial & Commodity Market Operators peer group saw 31 buy/sell trades during this period for an average of 2.6 transactions per company. However, the number of shares per buy/sell trade transacted by Virtu Financial insiders is higher. Within the peer group there were 6,686,048 shares purchased and 675,111 shares sold with company insiders having bought 273,224 shares on average.

The data sourced in composing 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.

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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