Wednesday, January 24, 2018 10:15 PM ET
Continued Level of Significant Insider Selling at Kellogg (K)
One insider — W K Kellogg Foundation Trust, 10% Owner — today, sold 180,000 shares of Kellogg having a market value of approximately $12,155,994, as disclosed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 15,930 company shares and the sale of 541,592 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 705,662 shares and have averaged 147,504 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Kellogg is greater than the 41-company peer group average. Food Processing peer group saw 43 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Kellogg insiders was also higher. Within the peer group there were 3,932,430 shares purchased and 1,500,676 shares sold with company insiders acquiring 101,323 shares on average.
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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