Robert Half International (RHI) sees Significant Insider Sales Extending the Trend of Last Quarter

Friday, February 23, 2018 10:15 PM ET

Robert Half International (RHI) sees Significant Insider Sales Extending the Trend of Last Quarter

There was a notable level of insider selling revealed today in filings with the SEC for Robert Half International. Two insiders — Harold M Messmer Jr, Director and Officer, and Michael C Buckley, Officer — sold 110,000 shares in the company for approximately $6,384,559. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 217,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 327,000 shares and have averaged 81,750 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Robert Half International is higher than the 17-company peer group average. Employment Services peer group saw 31 buy/sell trades during this period for an average of 1.8 transactions per company. The number of shares per buy/sell trade for Robert Half International insiders was also higher. Within the peer group there were 15,000 shares purchased and 466,783 shares sold with company insiders disposing of 14,574 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.

Today’s Insider Activity
* Harold M Messmer Jr, Director and Officer, sold 100,000 shares
* Michael C Buckley, Officer, sold 10,000 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2018 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.