Tuesday, November 14, 2017 10:15 PM ET
Insider Sale at YRC Worldwide (YRCW) Continues Selling Trend
One insider — James L Welch, Director and Officer — today, disposed of 100,000 shares of YRC Worldwide having a market value of approximately $1,224,000, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 3,921 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 103,921 shares and have averaged 51,961 shares per transaction over this time period.
The number of insider buy/sell trades at YRC Worldwide is higher than that of the 21 peer company average over the last 90-day period. The Ground Freight & Logistics peer group saw 26 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by YRC Worldwide insiders is lower than its peers. Within the peer group there were 3,000 shares purchased and 1,678,192 shares sold with company insiders selling 64,430 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.
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