Thursday, November 02, 2017 10:15 PM ET
Quaker Chemical (KWR) Insiders Make Significant Share Sales Extending the Trend of Last Quarter
There was a significant level of insider selling reported today in filings with the SEC for Quaker Chemical. Two insiders — L Wilbert Platzer, Officer, and Jan Nieman, Officer — disposed of 6,604 shares in the company for approximately $1,015,409. 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 disposition of 5,800 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 12,404 shares and have averaged 3,101 shares per transaction over this time period.
The number of insider buy/sell trades at Quaker Chemical is greater than that of the 34 peer company average over the last 90-day period. The Commodity Chemicals peer group saw 55 buy/sell trades during this period for an average of 1.6 transactions per company. However, the number of shares traded per transaction by Quaker Chemical insiders is lower than its peers. Within the peer group there were 0 shares purchased and 772,827 shares sold with company insiders having sold 14,051 shares on average over this time period.
The data obtained 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
* L Wilbert Platzer, Officer, sold 1,000 shares
* Jan Nieman, Officer, sold 5,604 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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