Significant Insider Selling Continues at Simmons First National (SFNC)

Tuesday, November 21, 2017 10:15 PM ET

Significant Insider Selling Continues at Simmons First National (SFNC)

There was a substantial insider sale of Simmons First National shares today, as indicated in a filing with the SEC as — Vernon Wilson Jr. Bryant, Officer — disposed of 22,888 shares in the company having a market value of approximately $1,255,865 There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 167,266 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 190,154 shares and have averaged 63,385 shares per transaction over this time period.

Insiders at Simmons First National have a level of buy/sell trades that is above the 335-peer company average over the last 90-day period. The Banks peer group saw 340 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Simmons First National insiders was also higher. Within the peer group there were 204,302 shares purchased and 19,173,472 shares sold with company insiders selling 55,792 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.

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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