Continued Level of Significant Insider Selling at Arrow Electronics (ARW)

Wednesday, February 28, 2018 10:15 PM ET

Continued Level of Significant Insider Selling at Arrow Electronics (ARW)

There was a substantial sale of shares of Arrow Electronics by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Michael J Long, Director and Officer — disposed of 50,988 shares in the company having a market value of approximately $4,228,215. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 3,545 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 54,533 shares and have averaged 27,267 shares per transaction over this time period.

The level of buy-sell trading at Arrow Electronics is near the 77 member peer company average. The Semiconductors peer group saw 187 buy/sell trades during this period for an average of 2.4 transactions per company. However, the number of shares per buy/sell trade transacted by Arrow Electronics insiders is higher. Within the peer group there were 201,453 shares purchased and 2,266,819 shares sold with company insiders selling 11,045 shares on average.

The data obtained 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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