Wednesday, November 08, 2017 10:15 PM ET
Insider Makes Significant Stock buy in Tempur Sealy International (TPX) Shares Breaks neutral Trend of Last 90 Days
One Tempur Sealy International insider — Scott L Thompson, Director and Officer — today, acquired 19,565 shares having a market value of approximately $1,001,532, as disclosed 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 Tempur Sealy International is is lower than the 9 peer company average over the last 90-day period. The Furniture & Art peer group saw 15 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares per buy/sell trade for Tempur Sealy International is higher. Within the peer group there were 0 shares purchased and 85,913 shares sold with company insiders having sold 5,728 shares on average.
Significant insider buying and selling activity has been determined by eliminating 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 in data used in composing and writing this story.
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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