Insider Makes Significant Stock Sells in Lincoln National (LNC) Shares

Tuesday, February 06, 2018 10:15 PM ET

Insider Makes Significant Stock Sells in Lincoln National (LNC) Shares

An insider disposed of 102,367 shares of Lincoln National having a market value of approximately $8,671,321 today, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

Lincoln National insider trading represents a higher number of buy/sell trades than for the 21 peer company average over the last 90-day period. The Life & Health Insurance peer group saw 6 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Lincoln National insiders was also higher. Within the peer group there were 0 shares purchased and 27,155 shares sold with company insiders disposing of 4,526 shares on average.

The data used in evaluating 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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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