Tuesday, September 26, 2017 10:15 PM ET
IZEA (IZEA) Insider Makes Significant Share Sale
There was a substantial sale of shares of IZEA by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — AWM Investment Company, Inc., 10% Owner — disposed of 450,000 shares in the company having a market value of approximately $2,584,631. This is the first insider buy/sell trade in the past 90 days.
In relation to the peer group over the last 90 days, insider buy/sell trading at IZEA is less than the 12-company peer group average. Social Media & Networking peer group saw 34 buy/sell trades during this period for an average of 2.8 transactions per company. However, the number of shares per buy/sell trade for IZEA is higher. Within the peer group there were 0 shares purchased and 3,291,955 shares sold with company insiders selling 96,822 shares on average.
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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