Insider Sales at TransUnion (TRU) are Significant and Extend the Selling Trend of Last Quarter

Friday, November 03, 2017 10:15 PM ET

Insider Sales at TransUnion (TRU) are Significant and Extend the Selling Trend of Last Quarter

There was a notable level of share sales at TransUnion today, as reported in filings with the SEC. Three insiders — Siddharth N Mehta, Director, John W Blenke, Officer, and James M Peck, Director and Officer — sold 138,833 shares in the company having a market value of approximately $7,254,024. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 391,189 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 530,022 shares and have averaged 66,253 shares per transaction over this time period.

Insiders at TransUnion have a higher number of buy/sell transactions than the 20-peer company average over the last 90-day period. The Professional Information Services peer group saw 20 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for TransUnion insiders was also higher. Within the peer group there were 10,000 shares purchased and 593,643 shares sold with company insiders selling 29,182 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data obtained in creating and writing this story.

Today’s Insider Activity
* Siddharth N Mehta, Director, sold 65,000 shares
* John W Blenke, Officer, sold 20,000 shares
* James M Peck, Director and Officer, sold 53,833 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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