Friday, November 24, 2017 10:15 PM ET
Insider Selling at SPX Flow (FLOW) is Significant
An insider sold 24,000 shares of SPX Flow having a market value of approximately $1,006,560 today, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trades at SPX Flow is close to that of the 52 member peer company average. The Industrial Machinery & Equipment peer group saw 54 buy/sell trades during this period for an average of 1.0 transactions per company. However, trading at SPX Flow represents a lower number of shares per transaction. Within the peer group there were 16,852 shares purchased and 61,788,966 shares sold with company insiders selling 1,143,928 shares on average over this time period.
The data used in composing and writing in this story eliminates 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.
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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