Tuesday, October 10, 2017 10:15 PM ET
Insider Selling at Vail Resorts (MTN) Continues with Significant Sale
A filing with the SEC today revealed a significant insider sale of Vail Resorts shares as — John F Sorte, Director — disposed of 6,597 shares in the company having a market value of approximately $1,429,805. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 115,900 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 122,497 shares and have averaged 61,249 shares per transaction over this time period.
The number of insider buy/sell trades at Vail Resorts is higher than that of the 1 peer company average over the last 90-day period. The Adventure Sports Facilities & Ski Resorts peer group saw 1 buy/sell trades during this period for an average of 1.0 transactions per company. However, the number of shares traded per transaction by Vail Resorts insiders is lower than its peers. Within the peer group there were 0 shares purchased and 115,900 shares sold with company insiders disposing of 115,900 shares on average over this time period.
In order to focus on 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 data used to evaluate and write this story.
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