Thursday, January 11, 2018 10:15 PM ET
Insider at SG Blocks (SGBX) Makes Significant Sale of Stock Slowing Buy Trend of Last Quarter
One insider — Titan Advisors, LLC, 10% Owner — today, sold 336,000 shares of SG Blocks having a market value of approximately $1,558,536, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 4,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 332,000 shares and have averaged 170,000 shares per transaction over this time period.
The level of buy/sell trading at SG Blocks is is higher than the 3 peer company average over the last 90-day period. The Shipbuilding peer group saw 1 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for SG Blocks insiders was also higher. Within the peer group there were 4,000 shares purchased and 0 shares sold with company insiders acquiring 4,000 shares on average.
The data sourced 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.
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