Monday, February 26, 2018 10:15 PM ET
Continued Level of Significant Insider Selling at Amazon.com (AMZN)
A filing with the SEC today disclosed a notable insider sale of Amazon.com shares as — Jeffrey A Wilke, Officer — sold 4,000 shares in the company having a market value of approximately $5,960,363. 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 7,755 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 11,755 shares and have averaged 3,918 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 24 buy/sell trades during this period for an average of 4.0 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 327,344 shares sold with company insiders disposing of 13,639 shares on average over this time period.
Insider buying and selling activity that is significant has been determined by eliminating 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 in composing and writing 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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