Friday, January 19, 2018 10:15 PM ET
Insider at Taylor Morrison Home (TMHC) Makes Significant Sale of Stock
A filing with the SEC today disclosed a substantial insider sale of Taylor Morrison Home shares as — TPG Group Holdings (SBS) Advisors Inc, Required Filer — disposed of 1,499,732 shares in the company having a market value of approximately $40,702,726. This is the first insider buy/sell trade in the past 90 days.
Taylor Morrison Home level of buy-sell trading activity is close to the 15 member peer company average. The Homebuilding peer group saw 19 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares per buy/sell trade transacted by Taylor Morrison Home insiders is higher. Within the peer group there were 0 shares purchased and 795,791 shares sold with company insiders having sold 41,884 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 sourced to evaluate 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.
For more information, contact UpTick at firstname.lastname@example.org. Copyright 2018 UpTick Data Technologies. All rights reserved.