Monday, January 22, 2018 10:15 PM ET
Intrexon (XON) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter
One Intrexon insider — Randal J Kirk, 10% Owner, Director and Officer — today, bought 1,000,000 shares having a market value of approximately $12,500,000, as revealed 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 2,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,002,000 shares and have averaged 501,000 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Intrexon is greater than the 191-company peer group average. Biotechnology & Medical Research peer group saw 158 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Intrexon insiders was also higher. Within the peer group there were 25,245,628 shares purchased and 11,721,242 shares sold with company insiders purchasing 120,753 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 obtained 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.
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