Wednesday, December 06, 2017 10:15 PM ET
Significant Insider Sales in Shares of US Foods Holding (USFD) Extends the Selling Trend of Last Quarter
SEC filings today revealed notable insider sales of US Foods Holding shares as three insiders — Kkr 2006 Fund Lp, 10% Owner, KKR Fund Holdings Lp, 10% Owner, and Asf Walter Co Invest Lp, 10% Owner — disposed of 59,933,316 shares in the company having a market value of approximately $1,678,132,848. There have been 6 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 139,979,118 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 199,912,434 shares and have averaged 22,212,493 shares per transaction over this time period.
The level of buy/sell trading at US Foods Holding is is above the 20 peer company average over the last 90-day period. The Food Retail & Distribution peer group saw 29 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for US Foods Holding insiders was also higher. Within the peer group there were 1,824,222 shares purchased and 160,818,213 shares sold with company insiders selling 5,482,551 shares on average.
The data obtained in evaluating 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
* Kkr 2006 Fund Lp, 10% Owner, sold 19,977,772 shares
* KKR Fund Holdings Lp, 10% Owner, sold 19,977,772 shares
* Asf Walter Co Invest Lp, 10% Owner, sold 19,977,772 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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