Insider at Coupa Software (COUP) Makes Significant Sale of Stock

Wednesday, October 18, 2017 10:15 PM ET

Insider at Coupa Software (COUP) Makes Significant Sale of Stock

One insider — Robert Bernshteyn, Director and Officer — today, sold 63,225 shares of Coupa Software having a market value of approximately $2,258,031, as indicated in a form 4 document filed with the SEC. 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 sale of 164,956 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 228,181 shares and have averaged 57,045 shares per transaction over this time period.

The number of insider buy/sell trades at Coupa Software is higher than that of the 94 peer company average over the last 90-day period. The Software peer group saw 162 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by Coupa Software insiders is lower than its peers. Within the peer group there were 1,708,972 shares purchased and 10,167,823 shares sold with company insiders having sold 52,215 shares on average over this time period.

The data sourced in evaluating 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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