Insider at Simpson Manufacturing (SSD) Makes Significant Sale of Stock

Friday, February 23, 2018 10:15 PM ET

Insider at Simpson Manufacturing (SSD) Makes Significant Sale of Stock

There was a significant insider sale of Simpson Manufacturing shares today, as disclosed in a filing with the SEC as — Sharon H Simpson, 10% Owner — sold 30,374 shares in the company having a market value of approximately $1,754,891 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 795,926 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 826,300 shares and have averaged 275,433 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Simpson Manufacturing is greater than the 19-company peer group average. Construction Supplies & Fixtures peer group saw 29 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 848,675 shares sold with company insiders having sold 29,177 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.

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