Significant Insider Selling Reported in Shares of Universal Display (OLED)

Tuesday, November 07, 2017 10:15 PM ET

Significant Insider Selling Reported in Shares of Universal Display (OLED)

One insider — Julia J Brown, Officer — today, disposed of 10,000 shares of Universal Display having a market value of approximately $1,500,000, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

The level of buy-sell trading at Universal Display is near the 13 member peer company average. The Integrated Circuits peer group saw 14 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares per buy/sell trade transacted by Universal Display insiders is higher. Within the peer group there were 31,000 shares purchased and 29,744 shares sold with company insiders acquiring 140 shares on average.

The data obtained 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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