Wednesday, January 03, 2018 10:15 PM ET
Insider at Itron (ITRI) Makes Significant purchase of Stock Extends the Trend of Last Quarter
One insider — Scopia Capital Management LP, 10% Owner — today, purchased 21,870 shares of Itron having a market value of approximately $1,500,193, as revealed 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. These trades have resulted in the purchase of 641,883 company shares and the sale of 11,899 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 651,854 shares and have averaged 225,217 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Itron is higher than the 39-company peer group average. Electrical Components & Equipment peer group saw 12 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Itron insiders was also higher. Within the peer group there were 641,883 shares purchased and 29,106 shares sold with company insiders purchasing 87,540 shares on average.
The data sourced 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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