Significant Insider Selling in Shares of Evercore Partners (EVR) Continues

Thursday, August 31, 2017 10:15 PM ET

Significant Insider Selling in Shares of Evercore Partners (EVR) Continues

An insider sold 22,000 shares of Evercore Partners having a market value of approximately $1,651,100 today, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 29,935 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 51,935 shares and have averaged 25,968 shares per transaction over this time period.

The number of insider buy/sell trades at Evercore Partners is above that of the 14 peer company average over the last 90-day period. The Investment Banking & Brokerage Services peer group saw 18 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares traded per transaction by Evercore Partners insiders is lower than its peers. Within the peer group there were 41,675 shares purchased and 543,482 shares sold with company insiders having sold 27,878 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 obtained to compose and write this story.

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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