Significant Insider Selling Continues at LKQ (LKQ)

Tuesday, December 12, 2017 10:15 PM ET

Significant Insider Selling Continues at LKQ (LKQ)

One LKQ insider — William M Webster IV, Director — today, sold 100,000 shares having a market value of approximately $4,001,840, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 25,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 125,000 shares and have averaged 62,500 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at LKQ is above the 2-company peer group average. Auto & Truck Parts Wholesale peer group saw 1 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for LKQ insiders was also higher. Within the peer group there were 0 shares purchased and 25,000 shares sold with company insiders disposing of 25,000 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data used in evaluating and writing 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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