Thursday, February 08, 2018 10:15 PM ET
Significant Insider Selling in Shares of Schneider National (SNDR) Continues
An insider — Lori A Lutey, Officer — disposed of 70,000 shares of Schneider National having a market value of approximately $1,967,679 today, as disclosed in a form 4 document filed with the SEC. There have been 7 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 1,281,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,351,000 shares and have averaged 168,875 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Schneider National is greater than the 22-company peer group average. Ground Freight & Logistics peer group saw 24 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Schneider National insiders was also higher. Within the peer group there were 0 shares purchased and 1,560,614 shares sold with company insiders having sold 65,026 shares on average.
The data sourced 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.
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