Insider Sale at HollyFrontier (HFC) Continues Selling Trend

Tuesday, January 02, 2018 10:15 PM ET

Insider Sale at HollyFrontier (HFC) Continues Selling Trend

One insider — James M Stump, Officer — today, disposed of 30,000 shares of HollyFrontier having a market value of approximately $1,536,300, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 9,649 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 39,649 shares and have averaged 13,216 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at HollyFrontier is above its 11-company peer group average. The Petroleum Refining peer group saw 17 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares traded per transaction by HollyFrontier insiders is lower than its peers. Within the peer group there were 0 shares purchased and 383,502 shares sold with company insiders disposing of 22,559 shares on average over this time period.

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 obtained 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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