Insider Makes Significant Stock buy in Revlon (REV) Shares Extends the Trend of Last 90 Days

revlon

Thursday, September 21, 2017 10:15 PM ET

Insider Makes Significant Stock buy in Revlon (REV) Shares Extends the Trend of Last 90 Days

One Revlon insider — Ronald O Perelman, 10% Owner and Director — today, acquired 625,151 shares having a market value of approximately $10,853,021, 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 purchase of 699,695 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,324,846 shares and have averaged 662,423 shares per transaction over this time period.

Insiders at Revlon have a level of buy/sell trades that is above the 16-peer company average over the last 90-day period. The Personal Products peer group saw 22 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Revlon insiders was also higher. Within the peer group there were 3,199,695 shares purchased and 571,068 shares sold with company insiders having bought 238,966 shares on average.

In determining significant insider buying and selling, 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.

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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.