Thursday, November 09, 2017 10:15 PM ET
Insider buy at American Homes 4 Rent (AMH) Extends the Trend of purchases over Last Quarter
There was a significant insider buying activity in American Homes 4 Rent shares today as revealed in a filing with the SEC. One insider — B Wayne Hughes Jr, Director — purchased 690,955 shares in the company having a net market value of approximately $15,120,061. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 1,376,189 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 2,067,144 shares and have averaged 689,048 shares per transaction over this time period.
The level of buy/sell trading at American Homes 4 Rent is is above the 31 peer company average over the last 90-day period. The Residential REITs peer group saw 27 buy/sell trades during this period for an average of 0.9 transactions per company. The number of shares per buy/sell trade for American Homes 4 Rent insiders was also higher. Within the peer group there were 1,491,189 shares purchased and 136,322 shares sold with company insiders having bought 61,585 shares on average.
The data used in creating 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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