Friday, November 24, 2017 10:15 PM ET
Advanced Disposal Services (ADSW) sees Significant Insider Selling Continuing
An insider sold 19,998,544 shares of Advanced Disposal Services having a market value of approximately $435,368,696 today, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 55,998 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 20,054,542 shares and have averaged 10,027,271 shares per transaction over this time period.
The number of insider buy/sell trades at Advanced Disposal Services is above the 17 peer company average over the last 90-day period. The Waste Management, Disposal & Recycling Services peer group saw 8 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Advanced Disposal Services insiders was also higher. Within the peer group there were 0 shares purchased and 129,396 shares sold with company insiders disposing of 16,175 shares on average.
Significant insider buying and selling activity 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 data used in composing 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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