HealthEquity (HQY) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Wednesday, January 31, 2018 10:15 PM ET

HealthEquity (HQY) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Two insiders — Frank Medici, Director, and Berkley Capital Llc, 10% Owner — today, disposed of 99,800 shares of HealthEquity having a market value of approximately $5,190,568, as revealed in form 4 documents filed with the SEC. 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 disposition of 1,211,354 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,311,154 shares and have averaged 327,789 shares per transaction over this time period.

The level of buy/sell trading at HealthEquity is is above the 18 peer company average over the last 90-day period. The Medical Software & Technology Services peer group saw 62 buy/sell trades during this period for an average of 3.4 transactions per company. The number of shares per buy/sell trade for HealthEquity insiders was also higher. Within the peer group there were 447,593 shares purchased and 7,272,252 shares sold with company insiders having sold 110,075 shares on average.

The data sourced 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
* Frank Medici, Director, sold 49,900 shares
* Berkley Capital Llc, 10% Owner, sold 49,900 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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