Mylan NV (MYL) Insider Makes Significant Share Sale

Wednesday, January 10, 2018 10:15 PM ET

Mylan NV (MYL) Insider Makes Significant Share Sale

There was a substantial sale of shares of Mylan NV by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Heather M Bresch, Director and Officer — sold 75,000 shares in the company having a market value of approximately $3,375,000. This is the first insider buy/sell trade in the past 90 days.

The number of insider buy/sell trades at Mylan NV is above that of the 119 peer company average over the last 90-day period. The Pharmaceuticals peer group saw 57 buy/sell trades during this period for an average of 0.5 transactions per company. However, the number of shares traded per transaction by Mylan NV insiders is lower than its peers. Within the peer group there were 262,816 shares purchased and 4,822,732 shares sold with company insiders selling 79,999 shares on average over this time period.

The data used in creating 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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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