Wednesday, November 15, 2017 10:15 PM ET
Significant Insider Sales in Shares of HFF (HF) Extends the Selling Trend of Last Quarter
There was a notable level of insider selling reported today in filings with the SEC for HFF. Two insiders — Gerard T Sansosti, Officer, and Michael Tepedino, Officer — disposed of 43,307 shares in the company for approximately $1,902,245. There have been 4 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 222,285 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 265,592 shares and have averaged 44,265 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at HFF is greater than its 20-company peer group average. The Real Estate Services peer group saw 32 buy/sell trades during this period for an average of 1.6 transactions per company. However, the number of shares traded per transaction by HFF insiders is lower than its peers. Within the peer group there were 109,683 shares purchased and 5,970,777 shares sold with company insiders disposing of 183,159 shares on average over this time period.
The data obtained 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
* Gerard T Sansosti, Officer, sold 24,250 shares
* Michael Tepedino, Officer, sold 19,057 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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