Insiders Make Significant Stock Sales in Capital One (COF) Shares Extending the Trend of Last Quarter

Wednesday, December 06, 2017 10:15 PM ET

Insiders Make Significant Stock Sales in Capital One (COF) Shares Extending the Trend of Last Quarter

SEC filings today revealed notable insider sales of Capital One shares as two insiders — John G Finneran Jr, Officer, and Michael Slocum, Officer — sold 14,529 shares in the company having a market value of approximately $1,380,255. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 8,292 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 22,821 shares and have averaged 7,607 shares per transaction over this time period.

The number of insider buy/sell trades at Capital One is above that of the 6 peer company average over the last 90-day period. The Consumer Credit Cards Services peer group saw 13 buy/sell trades during this period for an average of 2.2 transactions per company. However, the number of shares traded per transaction by Capital One insiders is lower than its peers. Within the peer group there were 0 shares purchased and 133,855 shares sold with company insiders disposing of 10,297 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to compose and write this story.

Today’s Insider Activity
* John G Finneran Jr, Officer, sold 6,490 shares
* Michael Slocum, Officer, sold 8,039 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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