Significant Insider Sales Reported in Shares of M/I Homes (MHO)

Tuesday, October 31, 2017 10:15 PM ET

Significant Insider Sales Reported in Shares of M/I Homes (MHO)

M/I Homes, today, saw two insiders — Robert H Schottenstein, Director and Officer, and Phillip G Creek, Director and Officer — dispose 102,900 shares having a market value of approximately $3,318,549, as disclosed in form 4 documents filed with the SEC. 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 51,450 shares per transaction.

Over the last 90 days, the number of insider buy/sell trades at M/I Homes is above its 9-company peer group average. 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, the number of shares traded per transaction by M/I Homes insiders is lower than its peers. Within the peer group there were 0 shares purchased and 4,069,139 shares sold with company insiders having sold 369,922 shares on average over this time period.

The data obtained in composing 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
* Robert H Schottenstein, Director and Officer, sold 78,300 shares
* Phillip G Creek, Director and Officer, sold 24,600 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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