Insider at TJX Companies (TJX) Makes Significant Sale of Stock

Tuesday, September 05, 2017 10:15 PM ET

Insider at TJX Companies (TJX) Makes Significant Sale of Stock

One TJX Companies insider — Ernie Herrman, Director and Officer — today, sold 20,000 shares having a market value of approximately $1,450,324, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

Over the last 90 days, the number of insider buy/sell trades at TJX Companies is lower than the 4-company peer group average. Discount Stores without groceries peer group saw 6 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares per buy/sell trade for TJX Companies is higher. Within the peer group there were 15,375 shares purchased and 13,777 shares sold with company insiders having bought 400 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data obtained in creating and writing 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.

For more information, contact UpTick at Copyright 2017 UpTick Data Technologies. All rights reserved.

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