Tuesday, January 30, 2018 10:15 PM ET
Insider Sale at Rockwell Automation (ROK) Deemed Significant
A filing with the SEC today disclosed a notable insider sale of Rockwell Automation shares as — Theodore D Crandall, Officer — disposed of 10,000 shares in the company having a market value of approximately $2,029,366. This is the first insider buy/sell trade in the past 90 days.
The number of insider buy/sell trades at Rockwell Automation is above that of the 40 peer company average over the last 90-day period. The Electrical Components & Equipment peer group saw 13 buy/sell trades during this period for an average of 0.3 transactions per company. However, the number of shares traded per transaction by Rockwell Automation insiders is lower than its peers. Within the peer group there were 663,753 shares purchased and 29,106 shares sold with company insiders having bought 90,664 shares on average over this time period.
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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