Wednesday, September 13, 2017 10:15 PM ET
Eagle Bancorp (EGBN) sees Significant Insider Selling Continuing
One insider — Ronald D Paul, Director and Officer — today, disposed of 16,665 shares of Eagle Bancorp having a market value of approximately $1,056,805, as disclosed 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 34,406 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 51,071 shares and have averaged 12,768 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Eagle Bancorp is above the 179-company peer group average. Commercial Banks peer group saw 263 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Eagle Bancorp insiders was also higher. Within the peer group there were 264,002 shares purchased and 1,101,335 shares sold with company insiders having sold 3,184 shares on average.
For the purpose of evaluating significant insider buying and selling all 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 sourced to evaluate 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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