Friday, September 08, 2017 10:15 PM ET
Significant Insider Selling Continues at People’s Utah Bancorp (PUB)
An insider — Fred W Fairclough Jr, Director — disposed of 44,885 shares of People’s Utah Bancorp having a market value of approximately $1,217,147 today, as indicated 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 disposition of 85,380 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 130,265 shares and have averaged 32,566 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at People’s Utah Bancorp is above its 324-company peer group average. The Banks peer group saw 393 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by People’s Utah Bancorp insiders is lower than its peers. Within the peer group there were 1,201,901 shares purchased and 35,336,204 shares sold with company insiders having sold 86,856 shares on average over this time period.
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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