Wednesday, November 08, 2017 10:15 PM ET
Insider at MGP Ingredients (MGPI) Makes Significant Sale of Stock
There was a notable insider sale of MGP Ingredients shares today, as indicated in a filing with the SEC as — Daryl Schaller, Director — sold 20,000 shares in the company having a market value of approximately $1,451,570. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 4 company shares and the disposition of 14,395 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 34,391 shares and have averaged 11,466 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at MGP Ingredients is above its 39-company peer group average. The Food Processing peer group saw 34 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by MGP Ingredients insiders is lower than its peers. Within the peer group there were 25,874 shares purchased and 9,135,507 shares sold with company insiders having sold 267,930 shares on average over this time period.
The data sourced 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.
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