Monday, January 29, 2018 10:15 PM ET
Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of Dorian LPG (LPG)
One insider — BW Group Ltd, 10% Owner — today, bought 1,826,460 shares of Dorian LPG having a market value of approximately $13,500,700, as revealed 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 purchase of 10,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,836,460 shares and have averaged 918,230 shares per transaction over this time period.
Insider buy/sell trading at Dorian LPG is higher than the 11 peer company average over the last 90-day period. The Sea-Borne Tankers peer group saw 1 buy/sell trades during this period for an average of 0.1 transactions per company. The number of shares per buy/sell trade for Dorian LPG insiders was also higher. Within the peer group there were 10,000 shares purchased and 0 shares sold with company insiders purchasing 10,000 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.
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