Wednesday, September 20, 2017 10:15 PM ET
Insider at TD Ameritrade Holding (AMTD) Makes Significant purchase of Stock Reverses Sale Trend of Last Quarter
One TD Ameritrade Holding insider — Luxembourg International Holdings S.A R.L. Td, 10% Owner — today, bought 11,074,197 shares having a market value of approximately $399,999,996, as disclosed 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 15,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 11,059,197 shares and have averaged 5,544,599 shares per transaction over this time period.
The number of insider buy/sell trades at TD Ameritrade Holding is above the 13 peer company average over the last 90-day period. The Investment Banking peer group saw 9 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for TD Ameritrade Holding insiders was also higher. Within the peer group there were 112,000 shares purchased and 714,748 shares sold with company insiders disposing of 66,972 shares on average.
The data sourced 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.
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