Tuesday, October 10, 2017 10:15 PM ET
Insider Sale at Willis Towers Watson (WLTW) Continues Selling Trend
There was a notable insider sale of Willis Towers Watson shares today, as disclosed in a filing with the SEC as — Jeffrey W Ubben, Director — disposed of 8,118 shares in the company having a market value of approximately $1,266,814 There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 3,343,350 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 3,351,468 shares and have averaged 837,867 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Willis Towers Watson is higher than the 7-company peer group average. Insurance Brokers peer group saw 15 buy/sell trades during this period for an average of 2.1 transactions per company. The number of shares per buy/sell trade for Willis Towers Watson insiders was also higher. Within the peer group there were 0 shares purchased and 3,386,965 shares sold with company insiders having sold 225,798 shares on average.
The data sourced in creating 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.
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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