Wednesday, August 30, 2017 10:15 PM ET
Significant Insider buy of Tiffany & Co (TIF) Shares Breaks neutral Trend of Last Quarter
There was noteworthy buying activity in Tiffany & Co shares by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Francesco Trapani, Director — purchased 48,936 shares in the company having a market value of approximately $4,363,130. This is the first insider buy/sell trade in the past 90 days.
The level of buy/sell trading at Tiffany & Co is is higher than the 4 peer company average over the last 90-day period. The Jewelry & Watch Retailers peer group saw 1 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Tiffany & Co insiders was also higher. Within the peer group there were 2,090 shares purchased and 0 shares sold with company insiders acquiring 2,090 shares on average.
In order to focus on significant insider buying and selling activity, 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 has been eliminated data sourced to evaluate and write this story.
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