Insider Selling in Anthem (ANTM) Shares Continues

Monday, January 08, 2018 10:15 PM ET

Insider Selling in Anthem (ANTM) Shares Continues

There was a significant sale of shares of Anthem by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Gloria M McCarthy, Officer — sold 14,429 shares in the company having a market value of approximately $3,314,093. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 1,602 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 16,031 shares and have averaged 8,016 shares per transaction over this time period.

The number of insider buy/sell trades at Anthem is below that of the 11 peer company average over the last 90-day period. The Managed Healthcare peer group saw 38 buy/sell trades during this period for an average of 3.5 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 1,204,229 shares sold with company insiders selling 31,690 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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