Significant Insider Buying Reverses neutral Trend over Last 90 Days in Shares of Maxwell Technologies (MXWL)

Wednesday, November 15, 2017 10:15 PM ET

Significant Insider Buying Reverses neutral Trend over Last 90 Days in Shares of Maxwell Technologies (MXWL)

Notable insider buying activity was revealed in Maxwell Technologies shares in a form 4 document filed with the SEC today, showing — Franz Fink, Director and Officer — acquired 230,000 shares in the company having a net market value of approximately $1,145,201. This is the first insider buy/sell trade in the past 90 days.

The level of buy-sell trading at Maxwell Technologies is near the 20 member peer company average. The Electrical Components peer group saw 11 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares per buy/sell trade transacted by Maxwell Technologies insiders is higher. Within the peer group there were 79,195 shares purchased and 59,203 shares sold with company insiders acquiring 1,817 shares on average.

In order to focus on significant insider buying and selling activity, 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 has been eliminated data used to compose and write this story.

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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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