Monday, November 06, 2017 10:15 PM ET
Continued Level of Significant Insider Selling at Nucor Corporation (NUE)
A notable insider sale of the shares of Nucor Corporation was disclosed in a form 4 document filed with the SEC today, showing — Ladd R Hall, Officer — sold 17,583 shares in the company having a market value of approximately $1,018,697. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 26,634 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 44,217 shares and have averaged 11,054 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Nucor Corporation is higher than its 29-company peer group average. The Steel peer group saw 43 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares traded per transaction by Nucor Corporation insiders is lower than its peers. Within the peer group there were 857,515 shares purchased and 89,806 shares sold with company insiders purchasing 54,836 shares on average over this time period.
The data used in composing 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.
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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