Insider buy at Trinity Industries (TRN) Extends the Trend of purchases over Last Quarter

Monday, October 30, 2017 10:15 PM ET

Insider buy at Trinity Industries (TRN) Extends the Trend of purchases over Last Quarter

Substantial insider purchase activity was disclosed in Trinity Industries shares in a form 4 document filed with the SEC today, showing — ValueAct Holdings Lp, 10% Owner — bought 832,600 shares in the company having a net market value of approximately $26,373,028. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 1,672,510 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 2,505,110 shares and have averaged 1,252,555 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Trinity Industries is above the 23-company peer group average. Industrial Conglomerates peer group saw 22 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Trinity Industries insiders was also higher. Within the peer group there were 1,882,936 shares purchased and 56,891 shares sold with company insiders having bought 140,465 shares on average.

In order to focus on 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 data obtained to create 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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