Wednesday, February 14, 2018 10:15 PM ET
Insider Sale at Laboratory Corporation of America Holdings (LH) Deemed Significant
A significant insider sale of the shares of Laboratory Corporation of America Holdings was revealed in a form 4 document filed with the SEC today, showing — Glenn A Eisenberg, Officer — sold 8,400 shares in the company having a market value of approximately $1,405,840. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trades at Laboratory Corporation of America Holdings is close to that of the 45 member peer company average. The Healthcare Facilities & Services peer group saw 29 buy/sell trades during this period for an average of 0.6 transactions per company. However, trading at Laboratory Corporation of America Holdings represents a lower number of shares per transaction. Within the peer group there were 2,253,991 shares purchased and 692,949 shares sold with company insiders acquiring 82,160 shares on average over this time period.
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.
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