Neogen (NEOG) sees Significant Insider Sales

Tuesday, January 30, 2018 10:15 PM ET

Neogen (NEOG) sees Significant Insider Sales

Two insiders — G Bruce Papesh, Director, and Edward Bradley, Officer — disposed of 17,725 shares of Neogen having a market value of approximately $1,065,270, today, as disclosed in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 8,863 shares per transaction.

Over the last 90 days, the number of insider buy/sell trades at Neogen is greater than its 83-company peer group average. The Medical Equipment, Supplies & Distribution peer group saw 78 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by Neogen insiders is lower than its peers. Within the peer group there were 2,470,848 shares purchased and 1,157,919 shares sold with company insiders purchasing 22,253 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.

Today’s Insider Activity
* G Bruce Papesh, Director, sold 6,000 shares
* Edward Bradley, Officer, sold 11,725 shares

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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.