The Scotts Miracle-Gro (SMG) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Tuesday, September 12, 2017 10:15 PM ET

The Scotts Miracle-Gro (SMG) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Two insiders — Paul Hagedorn, 10% Owner, and Hagedorn Partnership Lp, 10% Owner — today, sold 32,000 shares of The Scotts Miracle-Gro having a market value of approximately $3,017,674, as reported in form 4 documents filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 82,470 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 114,470 shares and have averaged 16,353 shares per transaction over this time period.

The number of insider buy/sell trades at The Scotts Miracle-Gro is greater than that of the 16 peer company average over the last 90-day period. The Agricultural Chemicals peer group saw 17 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by The Scotts Miracle-Gro insiders is lower than its peers. Within the peer group there were 1,662,331 shares purchased and 95,893 shares sold with company insiders having bought 142,403 shares on average over this time period.

The data used in evaluating 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.

Today’s Insider Activity
* Paul Hagedorn, 10% Owner, sold 16,000 shares
* Hagedorn Partnership Lp, 10% Owner, sold 16,000 shares

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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