Significant Insider Sales Reported in Shares of Total System Services (TSS)

Wednesday, January 31, 2018 10:15 PM ET

Significant Insider Sales Reported in Shares of Total System Services (TSS)

In SEC filings today Total System Services disclosed four insiders — Griffith, Woods, Weaver, and Todd — disposed of 77,272 shares in the company having a market value of approximately $6,785,563. 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 19,318 shares per transaction.

The number of insider buy/sell trades at Total System Services is above that of the 160 peer company average over the last 90-day period. The IT Services & Consulting peer group saw 241 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares traded per transaction by Total System Services insiders is lower than its peers. Within the peer group there were 1,278,829 shares purchased and 4,532,003 shares sold with company insiders having sold 13,499 shares on average over this time period.

The data sourced in evaluating 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 Sanders Griffith III, Officer, sold 13,146 shares
* M Troy Woods, Director and Officer, sold 49,540 shares
* Dorenda K Weaver, Officer, sold 2,686 shares
* Paul M Todd, Officer, sold 11,900 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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