Significant Insider Selling in Shares of Tristate Capital Holdings

Wednesday, January 31, 2018 10:15 PM ET

Significant Insider Selling in Shares of Tristate Capital Holdings

A substantial insider sale of the shares of Tristate Capital Holdings was indicated in a form 4 document filed with the SEC today, showing — James J Dolan, Director — sold 65,000 shares in the company having a market value of approximately $1,620,756. This is the first insider buy/sell trade in the past 90 days.

The level of buy-sell trading at Tristate Capital Holdings is near the 189 member peer company average. The Corporate Banks peer group saw 254 buy/sell trades during this period for an average of 1.3 transactions per company. However, the number of shares per buy/sell trade transacted by Tristate Capital Holdings insiders is higher. Within the peer group there were 175,552 shares purchased and 669,072 shares sold with company insiders disposing of 1,943 shares on average.

The data obtained 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.

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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