Tuesday, September 19, 2017 10:15 PM ET
Insider Sale at Fortune Brands Home & Security (FBHS) Continues Selling Trend
A filing with the SEC today revealed a notable insider sale of Fortune Brands Home & Security shares as — E Lee Wyatt, Officer — sold 33,400 shares in the company having a market value of approximately $2,171,275. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 42,600 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 76,000 shares and have averaged 38,000 shares per transaction over this time period.
The number of insider buy/sell trades at Fortune Brands Home & Security is greater than that of the 17 peer company average over the last 90-day period. The Construction Supplies & Fixtures peer group saw 20 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by Fortune Brands Home & Security insiders is lower than its peers. Within the peer group there were 800,070 shares purchased and 383,398 shares sold with company insiders acquiring 24,510 shares on average over this time period.
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 used to compose and write this story.
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