Wednesday, December 13, 2017 10:15 PM ET
National CineMedia (NCMI) Insider Makes Significant Share purchase Reversing Selling Trend over Last Quarter
One insider — Standard General Lp, 10% Owner — today, bought 213,161 shares of National CineMedia having a market value of approximately $1,449,602, as disclosed 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. These trades have resulted in the purchase of 234,719 company shares and the disposition of 14,800,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 14,352,120 shares and have averaged 3,811,970 shares per transaction over this time period.
The level of buy/sell trading at National CineMedia is is greater than the 3 peer company average over the last 90-day period. The Advertising Agency peer group saw 6 buy/sell trades during this period for an average of 2.0 transactions per company. The number of shares per buy/sell trade for National CineMedia insiders was also higher. Within the peer group there were 234,719 shares purchased and 14,800,000 shares sold with company insiders having sold 2,427,547 shares on average.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have 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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