Insider at Danaher Corporation (DHR) Makes Significant Sale of Stock

Wednesday, October 25, 2017 10:15 PM ET

Insider at Danaher Corporation (DHR) Makes Significant Sale of Stock

A SEC filing today revealed a notable insider sale of Danaher Corporation shares as — Robert S Lutz, Officer — sold 11,189 shares in the company having a market value of approximately $1,025,539. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 19,904 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 31,093 shares and have averaged 15,547 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Danaher Corporation is greater than its 90-company peer group average. The Advanced Medical Equipment & Technology peer group saw 95 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Danaher Corporation insiders is lower than its peers. Within the peer group there were 1,065,727 shares purchased and 958,083 shares sold with company insiders purchasing 2,392 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating 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 in creating and writing 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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