Tuesday, November 21, 2017 10:15 PM ET
Significant Insider Selling Continues at Tivity Health (TVTY)
One insider — Conan Laughlin, Director — today, sold 140,000 shares of Tivity Health having a market value of approximately $4,885,400, as indicated in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 636,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 776,000 shares and have averaged 194,000 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Tivity Health is above its 15-company peer group average. The Hospitals, Clinics & Primary Care Services peer group saw 32 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares traded per transaction by Tivity Health insiders is lower than its peers. Within the peer group there were 47,000 shares purchased and 30,462,436 shares sold with company insiders selling 950,482 shares on average over this time period.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write 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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