Significant Insider Sales Reported in Shares of TRI Pointe Group (TPH) Extending the Trend of Last Quarter

Thursday, January 04, 2018 10:15 PM ET

Significant Insider Sales Reported in Shares of TRI Pointe Group (TPH) Extending the Trend of Last Quarter

Two insiders — Thomas J Mitchell, Officer, and Douglas F Bauer, Director and Officer — today, disposed of 225,822 shares of TRI Pointe Group having a market value of approximately $4,192,978, as disclosed in form 4 documents filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 913,459 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,139,281 shares and have averaged 162,754 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at TRI Pointe Group is above the 10-company peer group average. Residential Builders – Single Homes peer group saw 23 buy/sell trades during this period for an average of 2.3 transactions per company. The number of shares per buy/sell trade for TRI Pointe Group insiders was also higher. Within the peer group there were 0 shares purchased and 1,195,455 shares sold with company insiders disposing of 51,976 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write this story.

Today’s Insider Activity
* Thomas J Mitchell, Officer, sold 150,822 shares
* Douglas F Bauer, Director and Officer, sold 75,000 shares

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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