Insider Selling at Minerals Technologies (MTX) is Significant

Tuesday, September 26, 2017 10:15 PM ET

Insider Selling at Minerals Technologies (MTX) is Significant

A SEC filing today disclosed a significant insider sale of Minerals Technologies shares as — D J Monagle III, Officer — disposed of 25,639 shares in the company having a market value of approximately $1,795,415. This is the first insider buy/sell trade in the past 90 days.

Insiders at Minerals Technologies have a lower number of buy/sell trades than the 32-peer company average over the last 90-day period. The Specialty Chemicals peer group saw 49 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares per buy/sell trade for Minerals Technologies is higher. Within the peer group there were 439,257 shares purchased and 224,013 shares sold with company insiders purchasing 9,784 shares on average.

The data sourced in composing 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.

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

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