Thursday, January 25, 2018 10:15 PM ET
Insider Selling at Logitech International (LOGI) is Significant
One Logitech International insider — Vincent Pilette, Officer — today, sold 81,302 shares having a market value of approximately $3,443,140, as indicated in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trading at Logitech International is near the 24 member peer company average. The Computer Hardware peer group saw 34 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares per buy/sell trade transacted by Logitech International insiders is higher. Within the peer group there were 35,214 shares purchased and 488,789 shares sold with company insiders disposing of 13,340 shares on average.
The data obtained in composing 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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