Tuesday, February 06, 2018 10:15 PM ET
Insider Makes Significant Stock buy in Marrone Bio Innovations (MBII) Shares Breaks neutral Trend of Last 90 Days
One insider — Ardsley Advisory Partners, 10% Owner — today, purchased 6,666,667 shares of Marrone Bio Innovations having a market value of approximately $5,000,000, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
Marrone Bio Innovations insider trading represents a level of buy/sell trades that is above for the 17 peer company average over the last 90-day period. The Agricultural Chemicals peer group saw 6 buy/sell trades during this period for an average of 0.4 transactions per company. The number of shares per buy/sell trade for Marrone Bio Innovations insiders was also higher. Within the peer group there were 25,100 shares purchased and 9,950 shares sold with company insiders purchasing 5,050 shares on average.
To bring into focus significant insider buying and selling activity, 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 has been eliminated in data sourced to evaluate and write this story.
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