Insider at LendingTree (TREE) Makes Significant Sale of Stock

Thursday, December 21, 2017 10:15 PM ET

Insider at LendingTree (TREE) Makes Significant Sale of Stock

There was a notable sale of shares of LendingTree by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Douglas R Lebda, 10% Owner, Director and Officer — disposed of 8,000 shares in the company having a market value of approximately $2,648,769. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 4,000 company shares and the disposition of 67,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 71,000 shares and have averaged 13,167 shares per transaction over this time period.

The number of insider buy/sell trades at LendingTree is higher than that of the 20 peer company average over the last 90-day period. The Consumer Lending peer group saw 45 buy/sell trades during this period for an average of 2.3 transactions per company. However, the number of shares traded per transaction by LendingTree insiders is lower than its peers. Within the peer group there were 27,706,581 shares purchased and 336,644 shares sold with company insiders acquiring 1,244,088 shares on average over this time period.

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 obtained 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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