Insiders Make Significant Sales of Booz Allen Hamilton (BAH) Shares Reversing the recent Buying Trend

Thursday, October 05, 2017 10:15 PM ET

Insiders Make Significant Sales of Booz Allen Hamilton (BAH) Shares Reversing the recent Buying Trend

There was a notable level of share sales at Booz Allen Hamilton today, as reported in filings with the SEC. Two insiders — Joseph Logue, Officer, and Karen M Dahut, Officer — sold 96,406 shares in the company having a market value of approximately $3,665,005. 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 42,989 company shares and the disposition of 30,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 83,417 shares and have averaged 28,233 shares per transaction over this time period.

The number of insider buy/sell trades at Booz Allen Hamilton is greater than that of the 154 peer company average over the last 90-day period. The IT Services & Consulting peer group saw 264 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by Booz Allen Hamilton insiders is lower than its peers. Within the peer group there were 561,530 shares purchased and 18,397,856 shares sold with company insiders disposing of 67,562 shares on average over this time period.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data sourced to evaluate and write this story.

Today’s Insider Activity
* Joseph Logue, Officer, sold 50,000 shares
* Karen M Dahut, Officer, sold 46,406 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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