Morgan Stanley (MS) Insiders Make Significant Share Sales

Friday, October 20, 2017 10:15 PM ET

Morgan Stanley (MS) Insiders Make Significant Share Sales

There was a notable level of share sales at Morgan Stanley by insiders today, as reported in form 4 documents filed with the SEC. Two insiders — Eric F Grossman, Officer, and Jeffrey S Brodsky, Officer — sold 42,480 shares in the company having a market value of approximately $2,120,662. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 21,240 shares per transaction.

Morgan Stanley buy-sell trading activity is close to the 14 member peer company average. The Investment Banking & Brokerage Services peer group saw 23 buy/sell trades during this period for an average of 1.6 transactions per company. However, trading at Morgan Stanley represents a lower number of shares per transaction. Within the peer group there were 205,000 shares purchased and 619,868 shares sold with company insiders having sold 18,038 shares on average over this time period.

The data sourced in creating 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.

Today’s Insider Activity
* Eric F Grossman, Officer, sold 26,083 shares
* Jeffrey S Brodsky, Officer, sold 16,397 shares

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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