Tuesday, December 12, 2017 10:15 PM ET
West Pharmaceutical Services (WST) sees Significant Insider Selling
A filing with the SEC today disclosed a notable insider sale of West Pharmaceutical Services shares as — William J Federici, Officer — disposed of 21,000 shares in the company having a market value of approximately $2,079,210. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trading at West Pharmaceutical Services is near the 83 member peer company average. The Medical Equipment, Supplies & Distribution peer group saw 89 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares per buy/sell trade transacted by West Pharmaceutical Services insiders is higher. Within the peer group there were 586,003 shares purchased and 1,146,963 shares sold with company insiders disposing of 6,303 shares on average.
In order to focus on 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 data used to evaluate 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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