Insider Sale Slows Buying Trend of Last Quarter at ShotSpotter

Friday, January 12, 2018 10:15 PM ET

Insider Sale Slows Buying Trend of Last Quarter at ShotSpotter

There was a significant insider sale of ShotSpotter shares today, as disclosed in a filing with the SEC as — Motorola Solutions, Inc., 10% Owner — sold 949,779 shares in the company having a market value of approximately $14,248,869 There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 5,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 944,779 shares and have averaged 318,260 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at ShotSpotter is above the 64-company peer group average. Enterprise Software peer group saw 158 buy/sell trades during this period for an average of 2.5 transactions per company. The number of shares per buy/sell trade for ShotSpotter insiders was also higher. Within the peer group there were 1,441,965 shares purchased and 7,793,425 shares sold with company insiders having sold 40,199 shares on average.

For the purpose of evaluating significant insider buying and selling all 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 used to compose and write this story.

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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