Wednesday, September 20, 2017 10:15 PM ET
Significant Insider Selling Continues at Willis Towers Watson (WLTW)
A filing with the SEC today indicated a substantial insider sale of Willis Towers Watson shares as — Jeffrey W Ubben, Director — disposed of 41,348 shares in the company having a market value of approximately $6,300,608. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 2,997,652 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 3,039,000 shares and have averaged 759,750 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Willis Towers Watson is greater than the 7-company peer group average. Insurance Brokers peer group saw 13 buy/sell trades during this period for an average of 1.9 transactions per company. The number of shares per buy/sell trade for Willis Towers Watson insiders was also higher. Within the peer group there were 0 shares purchased and 3,041,267 shares sold with company insiders having sold 233,944 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 sourced to create and write this story.
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