Revolution Lighting Technologies (RVLT) Insiders Make Significant Share purchases Continuing the Trend of Last 90 Days

Wednesday, January 31, 2018 10:15 PM ET

Revolution Lighting Technologies (RVLT) Insiders Make Significant Share purchases Continuing the Trend of Last 90 Days

Two insiders — Robert V Lapenta, 10% Owner, Director and Officer, and James DePalma, 10% Owner, Director and Officer — bought 1,000,000 shares of Revolution Lighting Technologies having a market value of approximately $3,600,000 today, as shown in form 4 documents filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 50,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,050,000 shares and have averaged 350,000 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Revolution Lighting Technologies is above the 4-company peer group average. Fiber Optic Cable Manufacturing peer group saw 4 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Revolution Lighting Technologies insiders was also higher. Within the peer group there were 62,000 shares purchased and 0 shares sold with company insiders acquiring 31,000 shares on average.

Insider buying and selling activity that is significant has been determined by eliminating 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 in creating and writing this story.

Today’s Insider Activity
* Robert V Lapenta, 10% Owner, Director and Officer, bought 850,000 shares
* James DePalma, 10% Owner, Director and Officer, bought 150,000 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2018 UpTick Data Technologies. All rights reserved.

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