Tuesday, February 13, 2018 10:15 PM ET
Insider Sales at USANA Health Sciences (USNA) Extends the Selling Trend of Last Quarter
A significant level of insider sales in USANA Health Sciences was reported in form 4 documents filed with the SEC today. Two insiders — Myron W Wentz, Director, and Gull Global Ltd, 10% Owner — sold 56,810 shares in the company having a market value of approximately $4,282,816. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 624,122 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 680,932 shares and have averaged 170,233 shares per transaction over this time period.
The number of insider buy/sell trades at USANA Health Sciences is greater than the 18 peer company average over the last 90-day period. The Personal Products peer group saw 27 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for USANA Health Sciences insiders was also higher. Within the peer group there were 10,584 shares purchased and 1,942,691 shares sold with company insiders having sold 71,560 shares on average.
Significant insider buying and selling activity has been determined by eliminating 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 in data used in creating and writing this story.
Today’s Insider Activity
* Myron W Wentz, Director, sold 28,405 shares
* Gull Global Ltd, 10% Owner, sold 28,405 shares
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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