Tuesday, November 21, 2017 10:15 PM ET
Significant Insider Sales in Shares of Telaria (TLRA) Extends the Selling Trend of Last Quarter
Two insiders — Canaan VII Lp, 10% Owner and Director, and Warren Lee, Director — today, disposed of 311,500 shares of Telaria having a market value of approximately $1,262,795, as revealed in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 10,000 company shares and the disposition of 264,696 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 566,196 shares and have averaged 117,239 shares per transaction over this time period.
The level of buy/sell trading at Telaria is is above the 97 peer company average over the last 90-day period. The Software peer group saw 161 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for Telaria insiders was also higher. Within the peer group there were 1,216,105 shares purchased and 3,798,999 shares sold with company insiders disposing of 16,043 shares on average.
Insider buying and selling activity that is significant has been determined by eliminating 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 in evaluating and writing this story.
Today’s Insider Activity
* Canaan VII Lp, 10% Owner and Director, sold 155,750 shares
* Warren Lee, Director, sold 155,750 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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