Tuesday, December 26, 2017 10:15 PM ET
Equity Lifestyle Properties (ELS) Insider Makes Significant Share Sale
A filing with the SEC today revealed a substantial insider sale of Equity Lifestyle Properties shares as — Marguerite M Nader, Director and Officer — disposed of 12,500 shares in the company having a market value of approximately $1,103,700. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 7,775 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 20,275 shares and have averaged 10,138 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Equity Lifestyle Properties is above its 31-company peer group average. The Residential REITs peer group saw 42 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by Equity Lifestyle Properties insiders is lower than its peers. Within the peer group there were 1,630,316 shares purchased and 101,151 shares sold with company insiders having bought 47,786 shares on average over this time period.
The data obtained 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.
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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