Friday, October 20, 2017 10:15 PM ET
TRI Pointe Group (TPH) Insider Makes Significant Share Sale
One TRI Pointe Group insider — Michael D Grubbs, Officer — today, sold 300,000 shares having a market value of approximately $4,506,427, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
This number of buy-sell trades at TRI Pointe Group is near average for the 9 member peer company. The Residential Builders – Single Homes peer group saw 11 buy/sell trades during this period for an average of 1.2 transactions per company. However, trading at TRI Pointe Group represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 3,515,949 shares sold with company insiders selling 319,632 shares on average over this time period.
The data used 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.
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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