Wednesday, November 15, 2017 10:15 PM ET
Insider Sales at On Assignment (ASGN) are Significant and Extend the Selling Trend of Last Quarter
In SEC filings today On Assignment reported two insiders — Theodore S Hanson, Officer, and Edwin A Sheridan, Director — disposed of 51,313 shares in the company having a market value of approximately $3,155,052. There have been 8 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 423,161 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 474,474 shares and have averaged 47,447 shares per transaction over this time period.
Insider buy/sell trading at On Assignment is higher than the 16 peer company average over the last 90-day period. The Employment Services peer group saw 26 buy/sell trades during this period for an average of 1.6 transactions per company. The number of shares per buy/sell trade for On Assignment insiders was also higher. Within the peer group there were 347,500 shares purchased and 655,984 shares sold with company insiders disposing of 11,865 shares on average.
The data sourced 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.
Today’s Insider Activity
* Theodore S Hanson, Officer, sold 18,313 shares
* Edwin A Sheridan, Director, sold 33,000 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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