Insider Selling at Delek US Holdings (DK) Continues with Significant Sale

Tuesday, September 19, 2017 10:15 PM ET

Insider Selling at Delek US Holdings (DK) Continues with Significant Sale

A filing with the SEC today indicated a significant insider sale of Delek US Holdings shares as — David Wiessman, Director — sold 104,200 shares in the company having a market value of approximately $2,725,728. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 20,536 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 124,736 shares and have averaged 17,819 shares per transaction over this time period.

Insider buy/sell trading at Delek US Holdings is above the 10 peer company average over the last 90-day period. The Petroleum Refining peer group saw 21 buy/sell trades during this period for an average of 2.1 transactions per company. The number of shares per buy/sell trade for Delek US Holdings insiders was also higher. Within the peer group there were 54,905 shares purchased and 22,848 shares sold with company insiders purchasing 4,007 shares on average.

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 compose 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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