Significant Insider Selling in Shares of Triumph Group

Tuesday, November 21, 2017 10:15 PM ET

Significant Insider Selling in Shares of Triumph Group

One Triumph Group insider — Joseph Silvestri, Director — today, disposed of 34,162 shares having a market value of approximately $1,035,293, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

Triumph Group level of buy-sell trading activity is close to the 43 member peer company average. The Aerospace & Defense peer group saw 37 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares per buy/sell trade transacted by Triumph Group insiders is higher. Within the peer group there were 7,850 shares purchased and 654,301 shares sold with company insiders having sold 17,472 shares on average.

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 used 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.

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

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