Trinity Industries (TRN) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter

Thursday, August 31, 2017 10:15 PM ET

Trinity Industries (TRN) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter

There was noteworthy purchase activity in Trinity Industries shares by an insider today, as revealed in a form 4 document filed with the SEC. One insider — ValueAct Holdings Lp, 10% Owner — bought 248,941 shares in the company having a market value of approximately $7,133,168. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 1,369,514 company shares and the disposition of 27,742 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,590,713 shares and have averaged 548,732 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Trinity Industries is greater than the 22-company peer group average. Industrial Conglomerates peer group saw 22 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Trinity Industries insiders was also higher. Within the peer group there were 1,612,799 shares purchased and 85,053 shares sold with company insiders purchasing 95,484 shares on average.

The data sourced 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.

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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