Significant Insider Selling in Shares of Lantheus Holdings (LNTH) Continues

Monday, September 11, 2017 10:15 PM ET

Significant Insider Selling in Shares of Lantheus Holdings (LNTH) Continues

An insider — David F Burgstahler, Director — disposed of 102,958 shares of Lantheus Holdings having a market value of approximately $1,704,984 today, as revealed 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 disposition of 6,428,684 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 6,531,642 shares and have averaged 1,306,328 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Lantheus Holdings is higher than the 8-company peer group average. Diagnostic & Testing Substances peer group saw 15 buy/sell trades during this period for an average of 1.9 transactions per company. The number of shares per buy/sell trade for Lantheus Holdings insiders was also higher. Within the peer group there were 7,260 shares purchased and 6,757,018 shares sold with company insiders selling 449,984 shares on average.

In determining significant insider buying and selling, 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 Natural Language Generation (NLG) technology, 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.