Thursday, January 18, 2018 10:15 PM ET
Insider Sale at CDW (CDW) Continues Selling Trend
There was a significant sale of shares of CDW by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Thomas E Richards, Director and Officer — disposed of 13,721 shares in the company having a market value of approximately $1,000,673. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 58,909 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 72,630 shares and have averaged 14,526 shares per transaction over this time period.
The number of insider buy/sell trades at CDW is higher than that of the 160 peer company average over the last 90-day period. The IT Services & Consulting peer group saw 225 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by CDW insiders is lower than its peers. Within the peer group there were 1,278,829 shares purchased and 4,063,793 shares sold with company insiders disposing of 12,378 shares on average over this time period.
The data sourced in evaluating 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 email@example.com. Copyright 2018 UpTick Data Technologies. All rights reserved.