Thursday, October 19, 2017 10:15 PM ET
Halcon Resources (HK) Insider Makes Significant Share Sale
One insider — Franklin Resources Inc, 10% Owner — today, sold 1,650,000 shares of Halcon Resources having a market value of approximately $10,296,415, as indicated in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 10,000 company shares and the sale of 6,158,420 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 7,798,420 shares and have averaged 2,606,140 shares per transaction over this time period.
The level of buy/sell trading at Halcon Resources is is higher than the 8 peer company average over the last 90-day period. The Oil Exploration & Production – Onshore peer group saw 16 buy/sell trades during this period for an average of 2.0 transactions per company. The number of shares per buy/sell trade for Halcon Resources insiders was also higher. Within the peer group there were 10,000 shares purchased and 6,160,920 shares sold with company insiders selling 384,433 shares on average.
The data used in composing 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.
For more information, contact UpTick at firstname.lastname@example.org. Copyright 2017 UpTick Data Technologies. All rights reserved.