Thursday, February 22, 2018 10:15 PM ET
Insider Sale at Amazon.com (AMZN) Continues Selling Trend
There was a significant insider sale of Amazon.com shares today, as revealed in a filing with the SEC as — Tom A Alberg, Director — sold 670 shares in the company having a market value of approximately $1,005,000 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 8,790 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 9,460 shares and have averaged 3,153 shares per transaction over this time period.
The number of insider buy/sell trades at Amazon.com is less than that of the 6 peer company average over the last 90-day period. The Internet & Mail Order Department Stores peer group saw 26 buy/sell trades during this period for an average of 4.3 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 329,079 shares sold with company insiders having sold 12,657 shares on average over this time period.
For the purpose of evaluating significant insider buying and selling all 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 sourced to compose 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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