Thursday, October 12, 2017 10:15 PM ET
Insider Selling at Milacron Holdings (MCRN) Continues with Significant Sale
There was a notable insider sale of Milacron Holdings shares today, as disclosed in a filing with the SEC as — Ira G Boots, Director — disposed of 101,064 shares in the company having a market value of approximately $1,844,418. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 65,000 company shares and the disposition of 7,558,624 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 7,594,688 shares and have averaged 1,931,172 shares per transaction over this time period.
Insiders at Milacron Holdings have a higher number of buy/sell trades than the 52-peer company average over the last 90-day period. The Industrial Machinery & Equipment peer group saw 31 buy/sell trades during this period for an average of 0.6 transactions per company. The number of shares per buy/sell trade for Milacron Holdings insiders was also higher. Within the peer group there were 80,799 shares purchased and 7,645,880 shares sold with company insiders disposing of 244,035 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.
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