Thursday, September 28, 2017 10:15 PM ET
Insiders Make Significant purchases of Tiffany & Co (TIF) Shares Reversing the 90 day Selling Trend
Two insiders — Roger N Farah, Director, and Francesco Trapani, Director — acquired 30,480 shares of Tiffany & Co having a market value of approximately $2,723,346 today, as disclosed in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the purchase of 155,520 company shares and the sale of 4,400,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 4,214,000 shares and have averaged 764,333 shares per transaction over this time period.
Insider buy/sell trading at Tiffany & Co is above the 4 peer company average over the last 90-day period. The Jewelry & Watch Retailers peer group saw 6 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Tiffany & Co insiders was also higher. Within the peer group there were 155,520 shares purchased and 4,400,000 shares sold with company insiders selling 707,413 shares on average.
Significant insider buying and selling activity has been determined by eliminating 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 in data sourced in evaluating and writing this story.
Today’s Insider Activity
* Roger N Farah, Director, bought 5,480 shares
* Francesco Trapani, Director, bought 25,000 shares
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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