Friday, August 11, 2017 10:15 PM ET
Insider Sales at CDW (CDW) Extends the Selling Trend of Last Quarter
There was a notable level of share sales at CDW by insiders today, as reported in form 4 documents filed with the SEC. Three insiders — Christine A Leahy, Officer, Christina M Corley, Officer, and Christina V Rother, Officer — disposed of 23,702 shares in the company having a market value of approximately $1,479,679. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 98,004 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 121,706 shares and have averaged 17,387 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at CDW is higher than its 153-company peer group average. The IT Services & Consulting peer group saw 249 buy/sell trades during this period for an average of 1.6 transactions per company. However, the number of shares traded per transaction by CDW insiders is lower than its peers. Within the peer group there were 574,990 shares purchased and 7,102,754 shares sold with company insiders selling 26,216 shares on average over this time period.
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 compose and write this story.
Today’s Insider Activity
* Christine A Leahy, Officer, sold 12,000 shares
* Christina M Corley, Officer, sold 4,000 shares
* Christina V Rother, Officer, sold 7,702 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.
For more information, contact UpTick at email@example.com. Copyright 2017 UpTick Data Technologies. All rights reserved.