Tuesday, February 06, 2018 10:15 PM ET
Insider Selling at Jagged Peak Energy (JAG) Continues with Significant Sale
A SEC filing today indicated a notable insider sale of Jagged Peak Energy shares as — Mark R Petry, Officer — sold 280,714 shares in the company having a market value of approximately $3,430,409. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 223,544 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 504,258 shares and have averaged 168,086 shares per transaction over this time period.
Relative to its peers over the last 90 days, insider buy/sell trading at Jagged Peak Energy is less than the 1-company peer group average. Unconventional Oil & Gas Drilling peer group saw 4 buy/sell trades during this period for an average of 4.0 transactions per company. However, the number of shares per buy/sell trade for Jagged Peak Energy is higher. Within the peer group there were 0 shares purchased and 223,544 shares sold with company insiders having sold 55,886 shares on average.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to create and write this story.
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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