Significant Insider Sales in Shares of Stifel Financial (SF) Extends the Selling Trend of Last Quarter

Tuesday, November 14, 2017 10:15 PM ET

Significant Insider Sales in Shares of Stifel Financial (SF) Extends the Selling Trend of Last Quarter

SEC filings today disclosed notable insider sales of Stifel Financial shares as four insiders — Oates, Himelfarb, Michaud, and Nesi — sold 81,192 shares in the company having a market value of approximately $4,255,700. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 5,200 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 86,392 shares and have averaged 17,278 shares per transaction over this time period.

Stifel Financial insider trading represents a higher number of buy/sell trades than for the 6 peer company average over the last 90-day period. The Brokerage Services peer group saw 2 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Stifel Financial insiders was also higher. Within the peer group there were 0 shares purchased and 18,850 shares sold with company insiders having sold 9,425 shares on average.

In determining significant insider buying and selling, 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 sourced to create and write this story.

Today’s Insider Activity
* James M Oates, Director, sold 1,768 shares
* Richard J Himelfarb, Officer, sold 30,000 shares
* Thomas B Michaud, Officer, sold 24,536 shares
* Victor Nesi, Director and Officer, sold 24,888 shares

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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