Significant Insider Sales Reported in Shares of State Street (STT) Extending the Trend of Last Quarter

Friday, November 03, 2017 10:15 PM ET

Significant Insider Sales Reported in Shares of State Street (STT) Extending the Trend of Last Quarter

Two insiders — Joseph L Hooley, Director and Officer, and Hannah M Grove, Officer — sold 28,200 shares of State Street having a market value of approximately $2,611,440, today, as revealed in form 4 documents filed with the SEC. There have been 4 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 8,704 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 36,904 shares and have averaged 6,151 shares per transaction over this time period.

The number of insider buy/sell trades at State Street is higher than that of the 31 peer company average over the last 90-day period. The Investment Management & Fund Operators peer group saw 42 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by State Street insiders is lower than its peers. Within the peer group there were 498,572 shares purchased and 16,162,459 shares sold with company insiders having sold 372,950 shares on average over this time period.

The data sourced 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
* Joseph L Hooley, Director and Officer, sold 25,000 shares
* Hannah M Grove, Officer, sold 3,200 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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