Insider at IGP Photonics (IPGP) Makes Significant Sale of Stock

Wednesday, January 17, 2018 10:15 PM ET

Insider at IGP Photonics (IPGP) Makes Significant Sale of Stock

There was a significant sale of shares of IGP Photonics by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Henry E Gauthier, Director — disposed of 5,000 shares in the company having a market value of approximately $1,287,600. This is the first insider buy/sell trade in the past 90 days.

This number of buy-sell trades at IGP Photonics is near average for the 21 member peer company. The Electrical Components peer group saw 18 buy/sell trades during this period for an average of 0.9 transactions per company. However, trading at IGP Photonics represents a lower number of shares per transaction. Within the peer group there were 485,100 shares purchased and 635,306 shares sold with company insiders having sold 8,345 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.

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