Significant Insider Selling in Shares of LendingTree (TREE) Continues

Friday, January 05, 2018 10:15 PM ET

Significant Insider Selling in Shares of LendingTree (TREE) Continues

An insider — Douglas R Lebda, 10% Owner, Director and Officer — disposed of 4,000 shares of LendingTree having a market value of approximately $1,401,458 today, as revealed in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 4,000 company shares and the disposition of 83,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 83,000 shares and have averaged 15,167 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at LendingTree is higher than its 20-company peer group average. The Consumer Lending peer group saw 47 buy/sell trades during this period for an average of 2.4 transactions per company. However, the number of shares traded per transaction by LendingTree insiders is lower than its peers. Within the peer group there were 27,714,462 shares purchased and 327,644 shares sold with company insiders purchasing 1,244,855 shares on average over this time period.

The data obtained 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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