Friday, September 15, 2017 10:15 PM ET
Cooper-Standard Holdings (CPS) sees Significant Insider Selling Continuing
One Cooper-Standard Holdings insider Keith Dwayne Stephenson, Officer, today, disposed of 14,000 shares having a market value of approximately $1,470,560, as indicated in a form 4 document filed with the SEC. 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 disposition of 137,365 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 151,365 shares and have averaged 50,455 shares per transaction over this time period.
The level of buy/sell trading at Cooper-Standard Holdings is is above the 31 peer company average over the last 90-day period. The Auto, Truck & Motorcycle Parts peer group saw 26 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Cooper-Standard Holdings insiders was also higher. Within the peer group there were 66,772 shares purchased and 255,400 shares sold with company insiders having sold 7,255 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 obtained to compose and write this story.
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