Friday, September 08, 2017 10:15 PM ET
Insider Sale at Willis Towers Watson (WLTW) Continues Selling Trend
One insider — Jeffrey W Ubben, Director — today, sold 491,652 shares of Willis Towers Watson having a market value of approximately $73,053,189, as revealed 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. All of these trades have been sales resulting in the sale of 2,313,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,804,652 shares and have averaged 701,163 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Willis Towers Watson is above the 7-company peer group average. Insurance Brokers peer group saw 12 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for Willis Towers Watson insiders was also higher. Within the peer group there were 0 shares purchased and 2,357,615 shares sold with company insiders disposing of 196,468 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.
For more information, contact UpTick at email@example.com. Copyright 2017 UpTick Data Technologies. All rights reserved.