Thursday, February 22, 2018 10:15 PM ET
Insider at CAI International (CAI) Makes Significant Sale of Stock
One CAI International insider — Ogawa Family Trust, 10% Owner — today, sold 1,250,000 shares having a market value of approximately $26,975,000, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 10,184 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 1,260,184 shares and have averaged 630,092 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at CAI International is higher than the 15-company peer group average. Marine Freight & Logistics peer group saw 1 buy/sell trades during this period for an average of 0.1 transactions per company. The number of shares per buy/sell trade for CAI International insiders was also higher. Within the peer group there were 1,000 shares purchased and 0 shares sold with company insiders having bought 1,000 shares on average.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to create and write this story.
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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