Thursday, September 14, 2017 10:15 PM ET
Significant Insider Selling in Shares of Iteris
A substantial insider sale of the shares of Iteris was disclosed in a form 4 document filed with the SEC today, showing — Fundamental Global Investors Llc, Director — disposed of 269,293 shares in the company having a market value of approximately $1,699,658. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trading at Iteris is near the 7 member peer company average. The Broadcasting Equipment peer group saw 5 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares per buy/sell trade transacted by Iteris insiders is higher. Within the peer group there were 0 shares purchased and 8,453 shares sold with company insiders selling 1,691 shares on average.
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.
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