Insiders Make Significant Stock Sales in Royal Gold (RGLD) Shares Extending the Trend of Last Quarter

Tuesday, August 29, 2017 10:15 PM ET

Insiders Make Significant Stock Sales in Royal Gold (RGLD) Shares Extending the Trend of Last Quarter

Royal Gold, today, saw two insiders — Tony A Jensen, Director and Officer, and Bruce Christopher Kirchhoff, Officer — sell 35,980 shares having a market value of approximately $3,236,881, as reported in form 4 documents filed with the SEC. 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 sale of 42,979 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 78,959 shares and have averaged 13,160 shares per transaction over this time period.

Insider buy/sell trading at Royal Gold is above the 49 peer company average over the last 90-day period. The Gold Mining peer group saw 27 buy/sell trades during this period for an average of 0.6 transactions per company. The number of shares per buy/sell trade for Royal Gold insiders was also higher. Within the peer group there were 29,291 shares purchased and 91,142 shares sold with company insiders disposing of 2,291 shares on average.

The data obtained 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.

Today’s Insider Activity
* Tony A Jensen, Director and Officer, sold 28,515 shares
* Bruce Christopher Kirchhoff, Officer, sold 7,465 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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