Monday, December 11, 2017 10:15 PM ET
Insider Makes Significant Stock Sells in Limbach Holdings (LMB) Shares
A substantial insider sale of the shares of Limbach Holdings was indicated in a form 4 document filed with the SEC today, showing — Larry G Swets, 10% Owner and Director — sold 500,000 shares in the company having a market value of approximately $6,425,550. This is the first insider buy/sell trade in the past 90 days.
Limbach Holdings level of buy-sell trading activity is close to the 41 member peer company average. The Construction & Engineering peer group saw 29 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares per buy/sell trade transacted by Limbach Holdings insiders is higher. Within the peer group there were 62,500 shares purchased and 1,339,329 shares sold with company insiders disposing of 44,029 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.
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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