Insiders at Simpson Manufacturing (SSD) Make Significant Stock Sales Extends the Trend of Last Quarter

Thursday, October 05, 2017 10:15 PM ET

Insiders at Simpson Manufacturing (SSD) Make Significant Stock Sales Extends the Trend of Last Quarter

Two insiders — Simpson PSB Fund, Required Filer, and Sharon H Simpson, 10% Owner — sold 190,644 shares of Simpson Manufacturing having a market value of approximately $9,443,824, today, as reported in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 144,848 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 335,492 shares and have averaged 83,873 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Simpson Manufacturing is above the 18-company peer group average. Construction Supplies & Fixtures peer group saw 15 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Simpson Manufacturing insiders was also higher. Within the peer group there were 800,081 shares purchased and 321,713 shares sold with company insiders having bought 36,798 shares on average.

Insider buying and selling activity that is significant 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 creating and writing this story.

Today’s Insider Activity
* Simpson PSB Fund, Required Filer, sold 95,322 shares
* Sharon H Simpson, 10% Owner, sold 95,322 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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