Friday, December 15, 2017 10:15 PM ET
Multi Color Corporation (LABL) Insiders Make Significant Share Sales Extending the Trend of Last Quarter
In SEC filings today Multi Color Corporation reported two insiders — Robert R Buck, Director, and Charles B Connolly, Director — disposed of 23,030 shares in the company having a market value of approximately $1,657,061. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 1,000 company shares and the disposition of 25,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 47,030 shares and have averaged 12,258 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Multi Color Corporation is above its 12-company peer group average. The Commercial Printing Services peer group saw 9 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares traded per transaction by Multi Color Corporation insiders is lower than its peers. Within the peer group there were 303,625 shares purchased and 158,625 shares sold with company insiders having bought 24,167 shares on average over this time period.
The data sourced in composing 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.
Today’s Insider Activity
* Robert R Buck, Director, sold 9,530 shares
* Charles B Connolly, Director, sold 13,500 shares
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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