Wednesday, December 06, 2017 10:15 PM ET
Simmons First National (SFNC) Insider Makes Significant Share Sale
One Simmons First National insider Christopher R Kirkland, Director, today, disposed of 160,000 shares having a market value of approximately $9,137,600, as revealed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 350,154 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 510,154 shares and have averaged 127,539 shares per transaction over this time period.
In relation to the peer group over the last 90 days, insider buy/sell trading at Simmons First National is greater than the 336-company peer group average. Banks peer group saw 391 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Simmons First National insiders was also higher. Within the peer group there were 219,846 shares purchased and 17,130,492 shares sold with company insiders disposing of 43,250 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 sourced to create and write this story.
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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