Monday, February 05, 2018 10:15 PM ET
Significant Insider Sales in Shares of Applied Industrial Technologies (AIT)
A significant level of insider sales in Applied Industrial Technologies was reported in form 4 documents filed with the SEC today. Four insiders — Bauer, Barlett, Hiltz, and Kelly — sold 19,091 shares in the company having a market value of approximately $1,423,653. 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 4,773 shares per transaction.
Insider buy/sell trading at Applied Industrial Technologies is above the 9 peer company average over the last 90-day period. The Industrial Machinery & Equipment Wholesale peer group saw 4 buy/sell trades during this period for an average of 0.4 transactions per company. The number of shares per buy/sell trade for Applied Industrial Technologies insiders was also higher. Within the peer group there were 1,000 shares purchased and 7,334 shares sold with company insiders having sold 1,584 shares on average.
The data used 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
* Fred D Bauer, Officer, sold 5,000 shares
* Todd A Barlett, Officer, sold 3,800 shares
* L Thomas Hiltz, Director, sold 3,418 shares
* Green Edith Kelly, Director, sold 6,873 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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