Tuesday, September 19, 2017 10:15 PM ET
Significant Insider Selling in Shares of Exxon Mobil (XOM) Continues
There was a substantial sale of shares of Exxon Mobil by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Robert Stuart Franklin, Officer — sold 22,656 shares in the company having a market value of approximately $1,807,024. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 1,100 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 23,756 shares and have averaged 11,878 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Exxon Mobil is higher than its 34-company peer group average. The Oil & Gas Refining and Marketing peer group saw 15 buy/sell trades during this period for an average of 0.4 transactions per company. However, the number of shares traded per transaction by Exxon Mobil insiders is lower than its peers. Within the peer group there were 140,500 shares purchased and 909,344 shares sold with company insiders selling 51,256 shares on average over this time period.
The data obtained 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.
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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