Significant Insider buy of Cardtronics (CATM) Shares Breaks neutral Trend of Last Quarter

Friday, February 23, 2018 10:15 PM ET

Significant Insider buy of Cardtronics (CATM) Shares Breaks neutral Trend of Last Quarter

Notable insider buying activity was revealed in Cardtronics shares in a form 4 document filed with the SEC today, showing — Hudson Executive Capital LP, 10% Owner — acquired 322,000 shares in the company having a net market value of approximately $7,510,184. This is the first insider buy/sell trade in the past 90 days.

The number of buy-sell trades for Cardtronics is close to that of the 74 member peer company average. The Business Support Services peer group saw 49 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares per buy/sell trade transacted by Cardtronics insiders is higher. Within the peer group there were 27,559 shares purchased and 661,950 shares sold with company insiders selling 12,947 shares on average.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data sourced 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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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