Insider Sales at Nordson Corporation (NDSN) Extends the Selling Trend of Last Quarter

Friday, January 05, 2018 10:15 PM ET

Insider Sales at Nordson Corporation (NDSN) Extends the Selling Trend of Last Quarter

Nordson Corporation, today, saw two insiders — Joseph P Keithley, Director, and John J Keane, Officer — sell 23,528 shares having a market value of approximately $3,534,264, as disclosed in form 4 documents filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 1,594 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 25,122 shares and have averaged 8,374 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Nordson Corporation is above its 19-company peer group average. The Industrial Machinery peer group saw 23 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by Nordson Corporation insiders is lower than its peers. Within the peer group there were 0 shares purchased and 317,314 shares sold with company insiders having sold 13,796 shares on average over this time period.

In determining significant insider buying and selling, 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 obtained to create and write this story.

Today’s Insider Activity
* Joseph P Keithley, Director, sold 1,518 shares
* John J Keane, Officer, sold 22,010 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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