Tuesday, October 31, 2017 10:15 PM ET
Insiders Make Significant Stock Sales in Simpson Manufacturing (SSD) Shares Extending the Trend of Last Quarter
Simpson Manufacturing, today, saw two insiders — Simpson PSB Fund, Required Filer, and Sharon H Simpson, 10% Owner — sell 109,984 shares having a market value of approximately $5,810,454, as revealed in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 1,140,016 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,250,000 shares and have averaged 312,500 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Simpson Manufacturing is above the 19-company peer group average. Construction Supplies & Fixtures peer group saw 26 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Simpson Manufacturing insiders was also higher. Within the peer group there were 800,081 shares purchased and 1,298,175 shares sold with company insiders selling 19,157 shares on average.
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
* Simpson PSB Fund, Required Filer, sold 54,992 shares
* Sharon H Simpson, 10% Owner, sold 54,992 shares
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