Monday, February 12, 2018 10:15 PM ET
Significant Insider Buying Reverses neutral Trend over Last 90 Days in Shares of WR Grace & Co (GRA)
One insider — Alfred E Festa, Director and Officer — today, purchased 25,000 shares of WR Grace & Co having a market value of approximately $1,634,500, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
This number of buy-sell trades at WR Grace & Co is near average for the 32 member peer company. The Specialty Chemicals peer group saw 38 buy/sell trades during this period for an average of 1.2 transactions per company. However, trading at WR Grace & Co represents a lower number of shares per transaction. Within the peer group there were 7,331,751 shares purchased and 576,820 shares sold with company insiders acquiring 482,495 shares on average over this time period.
The data used 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.
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