Northern Trust (NTRS) sees Significant Insider Sales Extending the Trend of Last Quarter

Tuesday, January 30, 2018 10:15 PM ET

Northern Trust (NTRS) sees Significant Insider Sales Extending the Trend of Last Quarter

There was substantial level of selling of Northern Trust shares by insiders today, as disclosed in form 4 documents filed with the SEC. Two insiders — Aileen B Blake, Officer, and Stephen N Potter, Officer — sold 13,000 shares in the company having a market value of approximately $1,377,360. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 35,128 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 48,128 shares and have averaged 12,032 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Northern Trust is greater than its 31-company peer group average. The Investment Management & Fund Operators peer group saw 34 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Northern Trust insiders is lower than its peers. Within the peer group there were 234,328 shares purchased and 1,539,731 shares sold with company insiders disposing of 38,394 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
* Aileen B Blake, Officer, sold 3,000 shares
* Stephen N Potter, Officer, sold 10,000 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.

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