Tuesday, December 26, 2017 10:15 PM ET
IAC/InterActiveCorp (IAC) sees Significant Insider Selling Continuing
A significant insider sale of the shares of IAC/InterActiveCorp was indicated in a form 4 document filed with the SEC today, showing — Gregg Winiarski, Officer — sold 27,747 shares in the company having a market value of approximately $3,524,739. 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 35,176 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 62,923 shares and have averaged 15,731 shares per transaction over this time period.
In relation to the peer group over the last 90 days, insider buy/sell trading at IAC/InterActiveCorp is higher than the 47-company peer group average. Online Services (NEC) peer group saw 57 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for IAC/InterActiveCorp insiders was also higher. Within the peer group there were 0 shares purchased and 662,124 shares sold with company insiders having sold 11,616 shares on average.
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 used to compose and write this story.
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