Tuesday, February 20, 2018 10:15 PM ET
State Street (STT) Insiders Make Significant Share Sales
A notable level of insider sales in State Street was revealed in form 4 documents filed with the SEC today. Six insiders listed below, disposed of 108,035 shares in the company having a market value of approximately $11,173,673. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 18,006 shares per transaction.
The number of insider buy/sell trades at State Street is greater than that of the 31 peer company average over the last 90-day period. The Investment Management & Fund Operators peer group saw 25 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares traded per transaction by State Street insiders is lower than its peers. Within the peer group there were 47,206 shares purchased and 1,358,761 shares sold with company insiders having sold 52,462 shares on average over this time period.
Insider buying and selling activity that is significant 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 creating and writing this story.
Today’s Insider Activity
* Joseph L Hooley, Director and Officer, sold 68,587 shares
* Andrew P Kuritzkes, Officer, sold 19,154 shares
* Jeff D Conway, Officer, sold 1,972 shares
* Karen C Keenan, Officer, sold 11,320 shares
* George E Sullivan, Officer, sold 5,890 shares
* Andrew Erickson, Officer, sold 1,112 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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