Significant Insider Selling in Shares of Corelogic (CLGX) Continues

Friday, September 08, 2017 10:15 PM ET

Significant Insider Selling in Shares of Corelogic (CLGX) Continues

An insider — Frank Martell, Director and Officer — sold 35,392 shares of Corelogic having a market value of approximately $1,667,353 today, as disclosed in a form 4 document filed with the SEC. There have been 4 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 30,850 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 66,242 shares and have averaged 13,248 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Corelogic is higher than its 19-company peer group average. The Professional Information Services peer group saw 27 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by Corelogic insiders is lower than its peers. Within the peer group there were 49,500 shares purchased and 603,775 shares sold with company insiders disposing of 20,529 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating 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 in data used in composing and writing 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.

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