Significant Insider Selling Continues at Exelon (EXC)

Wednesday, November 08, 2017 10:15 PM ET

Significant Insider Selling Continues at Exelon (EXC)

An insider — Mayo A Shattuck III, Director — sold 100,000 shares of Exelon having a market value of approximately $4,113,000 today, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 38,333 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 138,333 shares and have averaged 46,111 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Exelon is greater than the 69-company peer group average. Electric Utilities peer group saw 82 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Exelon insiders was also higher. Within the peer group there were 251,014 shares purchased and 1,162,692 shares sold with company insiders disposing of 11,118 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 sourced in creating 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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