Insider Sales at USANA Health Sciences (USNA) Extends the Selling Trend of Last Quarter

Monday, November 27, 2017 10:15 PM ET

Insider Sales at USANA Health Sciences (USNA) Extends the Selling Trend of Last Quarter

There was a significant level of insider selling revealed today in filings with the SEC for USANA Health Sciences. Two insiders — Myron W Wentz, Director, and Gull Global Ltd, 10% Owner — disposed of 90,432 shares in the company for approximately $6,008,293. 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 disposition of 1,197,902 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,288,334 shares and have averaged 322,084 shares per transaction over this time period.

Insider buy/sell trading at USANA Health Sciences is greater than the 18 peer company average over the last 90-day period. The Personal Products peer group saw 40 buy/sell trades during this period for an average of 2.2 transactions per company. The number of shares per buy/sell trade for USANA Health Sciences insiders was also higher. Within the peer group there were 733,435 shares purchased and 2,453,420 shares sold with company insiders having sold 43,000 shares on average.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data obtained to compose and write this story.

Today’s Insider Activity
* Myron W Wentz, Director, sold 45,216 shares
* Gull Global Ltd, 10% Owner, sold 45,216 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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