Continued Level of Significant Insider Selling at C.H. Robinson Worldwide (CHRW)

Thursday, November 09, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at C.H. Robinson Worldwide (CHRW)

There was a substantial sale of shares of C.H. Robinson Worldwide by an insider today, as indicated in a form 4 document filed with the SEC. One insider — James Lemke, Officer — disposed of 15,000 shares in the company having a market value of approximately $1,199,700. 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 disposition of 2,938 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 17,938 shares and have averaged 5,979 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at C.H. Robinson Worldwide is above its 21-company peer group average. The Ground Freight & Logistics peer group saw 19 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by C.H. Robinson Worldwide insiders is lower than its peers. Within the peer group there were 3,000 shares purchased and 389,110 shares sold with company insiders having sold 20,322 shares on average over this time period.

The data used 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.

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