Wednesday, January 24, 2018 10:15 PM ET
Tiffany & Co (TIF) Insider Makes Significant Share Sale
There was a notable sale of shares of Tiffany & Co by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Abby F Kohnstamm, Director — disposed of 10,000 shares in the company having a market value of approximately $1,087,328. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 673 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 10,673 shares and have averaged 5,337 shares per transaction over this time period.
The number of insider buy/sell trades at Tiffany & Co is above that of the 4 peer company average over the last 90-day period. The Jewelry & Watch Retailers peer group saw 2 buy/sell trades during this period for an average of 0.5 transactions per company. However, the number of shares traded per transaction by Tiffany & Co insiders is lower than its peers. Within the peer group there were 90,398 shares purchased and 673 shares sold with company insiders acquiring 44,863 shares on average over this time period.
In order to focus on significant insider buying and selling activity, 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 has been eliminated data used to evaluate and write this story.
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