Wednesday, September 27, 2017 10:15 PM ET
Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Revlon (REV)
Notable insider purchase activity was disclosed in Revlon shares in a form 4 document filed with the SEC today, showing — Ronald O Perelman, 10% Owner and Director — bought 106,784 shares in the company having a net market value of approximately $2,195,829. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 1,324,846 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,431,630 shares and have averaged 715,815 shares per transaction over this time period.
Revlon level of buy-sell trading activity is close to the 16 member peer company average. The Personal Products peer group saw 24 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares per buy/sell trade transacted by Revlon insiders is higher. Within the peer group there were 3,824,846 shares purchased and 573,798 shares sold with company insiders acquiring 270,921 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.
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