Douglas Dynamics (PLOW) sees a Significant Insider Sale Slowing Buy Trend Over Last 90 Days

Wednesday, December 13, 2017 10:15 PM ET

Douglas Dynamics (PLOW) sees a Significant Insider Sale Slowing Buy Trend Over Last 90 Days

There was a significant insider sale of Douglas Dynamics shares today, as disclosed in a filing with the SEC as — James L Janik, Director and Officer — disposed of 59,407 shares in the company having a market value of approximately $2,219,345 There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 1,250 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 58,157 shares and have averaged 30,329 shares per transaction over this time period.

Douglas Dynamics level of buy-sell trading activity is close to the 16 member peer company average. The Heavy Machinery & Vehicles peer group saw 24 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares per buy/sell trade transacted by Douglas Dynamics insiders is higher. Within the peer group there were 6,230 shares purchased and 149,584 shares sold with company insiders disposing of 5,973 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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