Tuesday, September 05, 2017 10:15 PM ET
Insider buy at Nexeo Solutions (NXEO) is Significant Breaks Selling Trend of Last Quarter
One insider — First Pacific Advisors Llc, 10% Owner — today, purchased 251,310 shares of Nexeo Solutions having a market value of approximately $1,759,170, 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. These trades have resulted in the acquisition of 492,190 company shares and the sale of 2,322,562 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,579,062 shares and have averaged 766,516 shares per transaction over this time period.
The number of insider buy/sell trades at Nexeo Solutions is above the 6 peer company average over the last 90-day period. The Commodity Chemicals Wholesale peer group saw 16 buy/sell trades during this period for an average of 2.7 transactions per company. The number of shares per buy/sell trade for Nexeo Solutions insiders was also higher. Within the peer group there were 984,380 shares purchased and 4,645,124 shares sold with company insiders having sold 228,797 shares on average.
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 create 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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