Continued Level of Significant Insider Selling at William Lyon Homes (WLH)

Tuesday, September 12, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at William Lyon Homes (WLH)

There was a significant insider sale of William Lyon Homes shares today, as disclosed in a filing with the SEC as — GMT Capital Corp, 10% Owner — sold 41,600 shares in the company having a market value of approximately $1,012,960 There have been 2 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 446,444 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 488,044 shares and have averaged 162,681 shares per transaction over this time period.

The level of buy-sell trades at William Lyon Homes is close to that of the 9 member peer company average. The Residential Builders – Single Homes peer group saw 25 buy/sell trades during this period for an average of 2.8 transactions per company. However, trading at William Lyon Homes represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 43,986,822 shares sold with company insiders disposing of 1,759,473 shares on average over this time period.

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.

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