Simpson Manufacturing (SSD) Insider Makes Significant Share Sale

Thursday, December 21, 2017 10:15 PM ET

Simpson Manufacturing (SSD) Insider Makes Significant Share Sale

One Simpson Manufacturing insider Sharon H Simpson, 10% Owner, today, sold 76,803 shares having a market value of approximately $4,476,153, 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. All of these trades have been sales resulting in the sale of 1,269,568 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,346,371 shares and have averaged 336,593 shares per transaction over this time period.

The number of insider buy/sell trades at Simpson Manufacturing is above the 19 peer company average over the last 90-day period. The Construction Supplies & Fixtures peer group saw 35 buy/sell trades during this period for an average of 1.8 transactions per company. The number of shares per buy/sell trade for Simpson Manufacturing insiders was also higher. Within the peer group there were 11,081 shares purchased and 1,394,174 shares sold with company insiders selling 39,517 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 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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