Monday, November 20, 2017 10:15 PM ET
EQT (EQT) sees a Significant Insider Sale Slowing Buy Trend Over Last 90 Days
A SEC filing today revealed a significant insider sale of EQT shares as — David L Porges, Director and Officer — sold 53,760 shares in the company having a market value of approximately $3,179,366. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 10,406 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 43,354 shares and have averaged 21,389 shares per transaction over this time period.
The number of insider buy/sell trades at EQT is higher than that of the 189 peer company average over the last 90-day period. The Oil & Gas Exploration and Production peer group saw 127 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares traded per transaction by EQT insiders is lower than its peers. Within the peer group there were 8,186,117 shares purchased and 6,846,093 shares sold with company insiders having bought 23,104 shares on average over this time period.
The data obtained in composing 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.
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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