Significant Insider Selling in Shares of Simpson Manufacturing (SSD) Continues

Tuesday, February 20, 2018 10:15 PM ET

Significant Insider Selling in Shares of Simpson Manufacturing (SSD) Continues

One insider — Sharon H Simpson, 10% Owner — today, sold 81,655 shares of Simpson Manufacturing having a market value of approximately $4,701,699, as indicated 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 sales resulting in the sale of 714,271 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 795,926 shares and have averaged 265,309 shares per transaction over this time period.

The number of insider buy/sell trades at Simpson Manufacturing is higher than the 19 peer company average over the last 90-day period. The Construction Supplies & Fixtures peer group saw 28 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Simpson Manufacturing insiders was also higher. Within the peer group there were 2,554 shares purchased and 804,698 shares sold with company insiders disposing of 28,648 shares on average.

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.

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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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