Friday, February 02, 2018 10:15 PM ET
Lockheed Martin (LMT) sees Significant Insider Selling Continuing
There was a notable insider sale of Lockheed Martin shares today, as disclosed in a filing with the SEC as — Richard F Ambrose, Officer — sold 7,517 shares in the company having a market value of approximately $2,690,228 There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 2,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 9,517 shares and have averaged 4,759 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Lockheed Martin is greater than its 43-company peer group average. The Aerospace & Defense peer group saw 47 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Lockheed Martin insiders is lower than its peers. Within the peer group there were 22,874 shares purchased and 672,142 shares sold with company insiders selling 13,814 shares on average over this time period.
The data obtained in creating 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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