Multi Color Corporation (LABL) Insider Makes Significant Share Sale

Tuesday, September 05, 2017 10:15 PM ET

Multi Color Corporation (LABL) Insider Makes Significant Share Sale

A significant insider sale of the shares of Multi Color Corporation was disclosed in a form 4 document filed with the SEC today, showing — Nigel A Vinecombe, Director and Officer — disposed of 25,000 shares in the company having a market value of approximately $2,005,820. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 8,700 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 33,700 shares and have averaged 16,850 shares per transaction over this time period.

Insider buy/sell trading at Multi Color Corporation is higher than the 12 peer company average over the last 90-day period. However, the number of shares per average transaction for Multi Color Corporation insider buy-sell trading is very close to the average of the Commercial Printing Services peer group of companies. This peer group saw 181,076 shares purchased and 10,700 shares sold resulting in an average of 15,981 shares traded and netting out with company insiders acquiring 21,297 shares on average.

The data obtained 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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