Significant Insider Selling in Shares of Tivity Health (TVTY) Continues

Wednesday, November 08, 2017 10:15 PM ET

Significant Insider Selling in Shares of Tivity Health (TVTY) Continues

An insider — Conan Laughlin, Director — sold 120,000 shares of Tivity Health having a market value of approximately $5,702,400 today, as disclosed 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 41,360 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 161,360 shares and have averaged 53,787 shares per transaction over this time period.

The number of insider buy/sell trades at Tivity Health is higher than that of the 15 peer company average over the last 90-day period. The Hospitals, Clinics & Primary Care Services peer group saw 25 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by Tivity Health insiders is lower than its peers. Within the peer group there were 0 shares purchased and 30,368,464 shares sold with company insiders selling 1,214,739 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to compose and write 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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