Wednesday, February 14, 2018 10:15 PM ET
Insider at Coty (COTY) Makes Significant purchase of Stock Extends the Trend of Last Quarter
An insider — JAB Cosmetics BV, 10% Owner — bought 4,100,000 shares of Coty having a market value of approximately $84,475,247 today, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 2,804,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 6,904,000 shares and have averaged 2,301,333 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Coty is higher than the 6-company peer group average. Cosmetics & Perfumes peer group saw 3 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Coty insiders was also higher. Within the peer group there were 2,804,000 shares purchased and 3,000 shares sold with company insiders purchasing 933,667 shares on average.
The data sourced in composing 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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