Continued Level of Significant Insider Selling at LKQ (LKQ)

Friday, January 26, 2018 10:15 PM ET

Continued Level of Significant Insider Selling at LKQ (LKQ)

One LKQ insider — Victor M Casini, Officer — today, disposed of 25,000 shares having a market value of approximately $1,063,750, as indicated 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 sale of 100,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 125,000 shares and have averaged 62,500 shares per transaction over this time period.

The number of insider buy/sell trades at LKQ is higher than that of the 2 peer company average over the last 90-day period. The Auto & Truck Parts Wholesale peer group saw 1 buy/sell trades during this period for an average of 0.5 transactions per company. However, the number of shares traded per transaction by LKQ insiders is lower than its peers. Within the peer group there were 0 shares purchased and 100,000 shares sold with company insiders disposing of 100,000 shares on average over this time period.

To bring into focus 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 in data obtained to compose 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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