Tuesday, August 29, 2017 10:15 PM ET
Willis Towers Watson (WLTW) sees Significant Insider Selling Continuing
One insider — Jeffrey W Ubben, Director — today, disposed of 311,000 shares of Willis Towers Watson having a market value of approximately $46,345,200, as disclosed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 1,841,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,152,000 shares and have averaged 538,000 shares per transaction over this time period.
Insider buy/sell trading at Willis Towers Watson is greater than the 7 peer company average over the last 90-day period. The Insurance Brokers peer group saw 11 buy/sell trades during this period for an average of 1.6 transactions per company. The number of shares per buy/sell trade for Willis Towers Watson insiders was also higher. Within the peer group there were 0 shares purchased and 1,885,615 shares sold with company insiders selling 171,420 shares on average.
The data used in creating 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.
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