The Estee Lauder Companies (EL) sees Significant Insider Selling Continuing

Friday, November 24, 2017 10:15 PM ET

The Estee Lauder Companies (EL) sees Significant Insider Selling Continuing

One insider — 1992 Grat Remainder Trust FBO William Lauder, 10% Owner — today, sold 571,351 shares of The Estee Lauder Companies having a market value of approximately $71,670,322, as disclosed in a form 4 document filed with the SEC. There have been 8 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 701,275 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,272,626 shares and have averaged 141,403 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at The Estee Lauder Companies is greater than the 18-company peer group average. Personal Products peer group saw 41 buy/sell trades during this period for an average of 2.3 transactions per company. The number of shares per buy/sell trade for The Estee Lauder Companies insiders was also higher. Within the peer group there were 733,435 shares purchased and 1,931,420 shares sold with company insiders selling 29,219 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.

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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