Insider at United States Steel (X) Makes Significant purchase of Stock Extends the Trend of Last Quarter

Friday, September 08, 2017 10:15 PM ET

Insider at United States Steel (X) Makes Significant purchase of Stock Extends the Trend of Last Quarter

One United States Steel insider — Kevin Bradley, Officer — today, bought 36,762 shares having a market value of approximately $1,001,070, as revealed 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 purchase of 4,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 40,762 shares and have averaged 20,381 shares per transaction over this time period.

United States Steel buy-sell trading activity is close to the 26 member peer company average. The Steel peer group saw 39 buy/sell trades during this period for an average of 1.5 transactions per company. However, trading at United States Steel represents a lower number of shares per transaction. Within the peer group there were 811,543 shares purchased and 863,130 shares sold with company insiders having sold 1,323 shares on average over this time period.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data sourced to evaluate 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.