Friday, November 24, 2017 10:15 PM ET
Insiders Make Significant Stock Sales in HealthEquity (HQY) Shares Extending the Trend of Last Quarter
There was a notable level of share sales at HealthEquity today, as revealed in filings with the SEC. Two insiders — Frank Medici, Director, and Berkley Capital Llc, 10% Owner — sold 154,442 shares in the company having a market value of approximately $7,923,705. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 1,589,248 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,743,690 shares and have averaged 435,923 shares per transaction over this time period.
The level of buy/sell trading at HealthEquity is is greater than the 17 peer company average over the last 90-day period. The Medical Software & Technology Services peer group saw 57 buy/sell trades during this period for an average of 3.4 transactions per company. The number of shares per buy/sell trade for HealthEquity insiders was also higher. Within the peer group there were 413,515 shares purchased and 1,934,569 shares sold with company insiders selling 26,685 shares on average.
The data obtained 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.
Today’s Insider Activity
* Frank Medici, Director, sold 77,221 shares
* Berkley Capital Llc, 10% Owner, sold 77,221 shares
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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