Tuesday, February 20, 2018 10:15 PM ET
Insider Sales at Amazon.com (AMZN) Extends the Selling Trend of Last Quarter
SEC filings today reported significant insider sales of Amazon.com shares as two insiders — Tom A Alberg, Director, and Jeffrey A Wilke, Officer — disposed of 4,285 shares in the company having a market value of approximately $6,260,328. 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 disposition of 4,505 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 8,790 shares and have averaged 2,198 shares per transaction over this time period.
Amazon.com buy-sell trading activity is close to the 6 member peer company average. The Internet & Mail Order Department Stores peer group saw 23 buy/sell trades during this period for an average of 3.8 transactions per company. However, trading at Amazon.com represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 314,794 shares sold with company insiders selling 13,687 shares on average over this time period.
To bring into focus significant insider buying and selling activity, 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 has been eliminated in data obtained to evaluate and write this story.
Today’s Insider Activity
* Tom A Alberg, Director, sold 2,285 shares
* Jeffrey A Wilke, Officer, sold 2,000 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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