Wednesday, October 18, 2017 10:15 PM ET
Insider Selling in SolarEdge Technologies (SEDG) Shares Continues
There was a notable sale of shares of SolarEdge Technologies by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Lior Handelsman, Officer — disposed of 50,000 shares in the company having a market value of approximately $1,503,550. There have been 2 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 36,500 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 86,500 shares and have averaged 28,833 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at SolarEdge Technologies is above its 19-company peer group average. The Photovoltaic Solar Systems & Equipment peer group saw 11 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares traded per transaction by SolarEdge Technologies insiders is lower than its peers. Within the peer group there were 10,000 shares purchased and 368,290 shares sold with company insiders disposing of 32,572 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 used to compose and write this story.
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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