Significant Insider Sales in Shares of The Estee Lauder Companies (EL) Extends the Selling Trend of Last Quarter

Monday, November 06, 2017 10:15 PM ET

Significant Insider Sales in Shares of The Estee Lauder Companies (EL) Extends the Selling Trend of Last Quarter

In SEC filings today The Estee Lauder Companies revealed two insiders — Irvine O Hockaday Jr, Director, and Fabrizio Freda, Director and Officer — disposed of 27,102 shares in the company having a market value of approximately $3,292,851. 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 disposition of 84,147 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 111,249 shares and have averaged 15,893 shares per transaction over this time period.

The number of insider buy/sell trades at The Estee Lauder Companies is above that of the 18 peer company average over the last 90-day period. The Personal Products peer group saw 26 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by The Estee Lauder Companies insiders is lower than its peers. Within the peer group there were 1,431,630 shares purchased and 748,744 shares sold with company insiders acquiring 62,081 shares on average over this time period.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data obtained to evaluate and write this story.

Today’s Insider Activity
* Irvine O Hockaday Jr, Director, sold 8,500 shares
* Fabrizio Freda, Director and Officer, sold 18,602 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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