Thursday, September 28, 2017 10:15 PM ET
Williams Companies (WMB) sees Significant Insider Sales Reversing the Trend of buys over Last Quarter
There was a significant level of insider selling reported today in filings with the SEC for Williams Companies. Two insiders — Donald R Chappel, Officer, and Robyn L Ewing, Officer — sold 282,001 shares in the company for approximately $8,546,795. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 5,000 company shares and the sale of 2,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 279,001 shares and have averaged 72,250 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Williams Companies is above its 50-company peer group average. The Oil & Gas Transportation Services peer group saw 49 buy/sell trades during this period for an average of 1.0 transactions per company. However, the number of shares traded per transaction by Williams Companies insiders is lower than its peers. Within the peer group there were 10,399,978 shares purchased and 166,905 shares sold with company insiders acquiring 269,291 shares on average over this time period.
The data used 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.
Today’s Insider Activity
* Donald R Chappel, Officer, sold 272,088 shares
* Robyn L Ewing, Officer, sold 9,913 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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