Dorian LPG (LPG) Insider Makes Significant Share Sale Slowing Buy Trend over Last 90 Days

Tuesday, January 30, 2018 10:15 PM ET

Dorian LPG (LPG) Insider Makes Significant Share Sale Slowing Buy Trend over Last 90 Days

A SEC filing today revealed a significant insider sale of Dorian LPG shares as — HNA Investment Management LLC, 10% Owner — disposed of 6,426,281 shares in the company having a market value of approximately $46,911,851. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 1,836,460 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 4,589,821 shares and have averaged 2,754,247 shares per transaction over this time period.

Insider buy/sell trading at Dorian LPG is greater than the 11 peer company average over the last 90-day period. The Sea-Borne Tankers peer group saw 2 buy/sell trades during this period for an average of 0.2 transactions per company. The number of shares per buy/sell trade for Dorian LPG insiders was also higher. Within the peer group there were 1,836,460 shares purchased and 0 shares sold with company insiders acquiring 918,230 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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