Significant Insider Buying Reverses neutral Trend over Last 90 Days in Shares of CARBO Ceramics (CRR)

Friday, December 29, 2017 10:15 PM ET

Significant Insider Buying Reverses neutral Trend over Last 90 Days in Shares of CARBO Ceramics (CRR)

One CARBO Ceramics insider — Wilks Brothers, LLC, 10% Owner — today, acquired 270,000 shares having a market value of approximately $2,371,367, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

The level of buy-sell trading at CARBO Ceramics is near the 57 member peer company average. The Oil Related Services and Equipment peer group saw 71 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares per buy/sell trade transacted by CARBO Ceramics insiders is higher. Within the peer group there were 217,829 shares purchased and 15,659,715 shares sold with company insiders having sold 217,491 shares on average.

The data sourced in evaluating 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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