Tuesday, September 19, 2017 10:15 PM ET
Insider at Coupa Software (COUP) Makes Significant Sale of Stock
An insider disposed of 63,225 shares of Coupa Software having a market value of approximately $1,992,576 today, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 63,225 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 126,450 shares and have averaged 63,225 shares per transaction over this time period.
This number of buy-sell trades at Coupa Software is near average for the 91 member peer company. The Software peer group saw 164 buy/sell trades during this period for an average of 1.8 transactions per company. However, trading at Coupa Software represents a lower number of shares per transaction. Within the peer group there were 676,905 shares purchased and 10,248,013 shares sold with company insiders selling 58,360 shares on average over this time period.
In order to focus on significant insider buying and selling activity, 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 has been eliminated data obtained to evaluate and write this story.
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