Insiders Make Significant Stock Sales in Stryker Corporation (SYK) Shares Extending the Trend of Last Quarter

Monday, February 05, 2018 10:15 PM ET

Insiders Make Significant Stock Sales in Stryker Corporation (SYK) Shares Extending the Trend of Last Quarter

Three insiders — Lonny J Carpenter, Officer, William E Berry Jr, Officer, and Howard E Cox Jr, Director — today, disposed of 13,706 shares of Stryker Corporation having a market value of approximately $2,247,783, as reported in form 4 documents filed with the SEC. There have been 3 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 5,865 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 19,571 shares and have averaged 3,262 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Stryker Corporation is above its 17-company peer group average. The Medical Devices & Implants peer group saw 15 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by Stryker Corporation insiders is lower than its peers. Within the peer group there were 47,724 shares purchased and 62,700 shares sold with company insiders having sold 998 shares on average over this time period.

The data obtained 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
* Lonny J Carpenter, Officer, sold 5,000 shares
* William E Berry Jr, Officer, sold 1,306 shares
* Howard E Cox Jr, Director, sold 7,400 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 Copyright 2018 UpTick Data Technologies. All rights reserved.

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