Monday, February 12, 2018 10:15 PM ET
HealthEquity (HQY) Insider Makes Significant Share Sale
A SEC filing today disclosed a substantial insider sale of HealthEquity shares as — Berkley Capital Llc, Required Filer — disposed of 350,000 shares in the company having a market value of approximately $18,243,080. 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 disposition of 440,742 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 790,742 shares and have averaged 263,581 shares per transaction over this time period.
The level of buy-sell trading at HealthEquity is near the 18 member peer company average. The Medical Software & Technology Services peer group saw 58 buy/sell trades during this period for an average of 3.2 transactions per company. However, the number of shares per buy/sell trade transacted by HealthEquity insiders is higher. Within the peer group there were 535,626 shares purchased and 6,452,398 shares sold with company insiders having sold 102,013 shares on average.
The data sourced in creating 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.
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