Rubicon Technology (RBCN) sees Significant Insider Selling

Monday, November 20, 2017 10:15 PM ET

Rubicon Technology (RBCN) sees Significant Insider Selling

A significant insider sale of the shares of Rubicon Technology was disclosed in a form 4 document filed with the SEC today, showing — Donald R Caldwell, Director — disposed of 221,784 shares in the company having a market value of approximately $1,774,272. This is the first insider buy/sell trade in the past 90 days.

Insiders at Rubicon Technology have a lower number of buy/sell transactions than the 77-peer company average over the last 90-day period. The Semiconductors peer group saw 192 buy/sell trades during this period for an average of 2.5 transactions per company. However, the number of shares per buy/sell trade for Rubicon Technology is higher. Within the peer group there were 99,530 shares purchased and 20,323,784 shares sold with company insiders disposing of 105,335 shares on average.

The data sourced 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.

For more information, contact UpTick at Copyright 2017 UpTick Data Technologies. All rights reserved.

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