Significant Insider Selling in Shares of Guaranty Bancorp (GBNK) Continues

Tuesday, October 31, 2017 10:15 PM ET

Significant Insider Selling in Shares of Guaranty Bancorp (GBNK) Continues

One insider — W Kirk Wycoff, Director — today, sold 81,900 shares of Guaranty Bancorp having a market value of approximately $2,349,832, as disclosed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 2,079 company shares and the sale of 125,445 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 205,266 shares and have averaged 41,885 shares per transaction over this time period.

The number of insider buy/sell trades at Guaranty Bancorp is above that of the 331 peer company average over the last 90-day period. The Banks peer group saw 357 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Guaranty Bancorp insiders is lower than its peers. Within the peer group there were 586,535 shares purchased and 38,432,304 shares sold with company insiders selling 106,011 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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