Insider Sales at Puma Biotechnology (PBYI) are Significant and Extend the Selling Trend of Last Quarter

Wednesday, January 24, 2018 10:15 PM ET

Insider Sales at Puma Biotechnology (PBYI) are Significant and Extend the Selling Trend of Last Quarter

There was a substantial level of insider selling revealed today in filings with the SEC for Puma Biotechnology. Four insiders — Eyler, Auerbach, Lo, and Bryce — sold 14,410 shares in the company for approximately $1,460,947. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 1,322 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 15,732 shares and have averaged 3,414 shares per transaction over this time period.

The number of insider buy/sell trades at Puma Biotechnology is higher than that of the 191 peer company average over the last 90-day period. The Biotechnology & Medical Research peer group saw 161 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares traded per transaction by Puma Biotechnology insiders is lower than its peers. Within the peer group there were 26,245,628 shares purchased and 11,766,505 shares sold with company insiders purchasing 127,010 shares on average over this time period.

The data obtained 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.

Today’s Insider Activity
* Charles R Eyler, Officer, sold 0 shares
* Alan H Auerbach, 10% Owner, Director and Officer, sold 10,692 shares
* Steven Lo, Officer, sold 1,858 shares
* Richard Paul Bryce, Officer, sold 1,860 shares

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 info@uptickdata.com. Copyright 2018 UpTick Data Technologies. All rights reserved.

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