Wednesday, December 06, 2017 10:15 PM ET
Installed Building Products (IBP) Insider Makes Significant Share Sale
A SEC filing today revealed a substantial insider sale of Installed Building Products shares as — Jeffrey W Edwards, 10% Owner, Director and Officer — sold 200,000 shares in the company having a market value of approximately $14,850,000. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 6,373 company shares and the disposition of 150,452 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 344,079 shares and have averaged 71,365 shares per transaction over this time period.
Insider buy/sell trading at Installed Building Products is higher than the 2 peer company average over the last 90-day period. The Building Contractors peer group saw 8 buy/sell trades during this period for an average of 4.0 transactions per company. The number of shares per buy/sell trade for Installed Building Products insiders was also higher. Within the peer group there were 6,373 shares purchased and 150,452 shares sold with company insiders having sold 18,010 shares on average.
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 used to create and write this story.
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