Continued Level of Significant Insider Selling at Moelis & Company (MC)

Friday, November 03, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Moelis & Company (MC)

An insider disposed of 30,656 shares of Moelis & Company having a market value of approximately $1,308,231 today, as indicated 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 40,800 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 71,456 shares and have averaged 35,728 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Moelis & Company is greater than its 14-company peer group average. The Investment Banking peer group saw 7 buy/sell trades during this period for an average of 0.5 transactions per company. However, the number of shares traded per transaction by Moelis & Company insiders is lower than its peers. Within the peer group there were 11,076,197 shares purchased and 2,500,728 shares sold with company insiders acquiring 1,429,245 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to evaluate 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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