Insider Selling in Halliburton (HAL) Shares Continues

Thursday, November 02, 2017 10:15 PM ET

Insider Selling in Halliburton (HAL) Shares Continues

One insider — David J Lesar, Director and Officer — today, sold 50,000 shares of Halliburton having a market value of approximately $2,184,750, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 43,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 93,000 shares and have averaged 46,500 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Halliburton is above its 57-company peer group average. The Oil Related Services and Equipment peer group saw 52 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by Halliburton insiders is lower than its peers. Within the peer group there were 1,172,333 shares purchased and 10,257,278 shares sold with company insiders disposing of 174,710 shares on average over this time period.

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 used 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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