Continued Level of Significant Insider Selling at On Assignment (ASGN)

Wednesday, November 08, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at On Assignment (ASGN)

One insider — Edwin A Sheridan, Director — today, disposed of 52,800 shares of On Assignment having a market value of approximately $3,207,078, as revealed in a form 4 document filed with the SEC. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 310,161 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 362,961 shares and have averaged 51,852 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at On Assignment is above the 16-company peer group average. Employment Services peer group saw 21 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for On Assignment insiders was also higher. Within the peer group there were 347,500 shares purchased and 425,999 shares sold with company insiders having sold 3,738 shares on average.

The data obtained in evaluating 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 Copyright 2017 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.