Wednesday, February 28, 2018 10:15 PM ET
Itron (ITRI) Insider Makes Significant Share Sale Slowing Buy Trend over Last 90 Days
One Itron insider Philip Mezey, Director and Officer, today, sold 37,693 shares having a market value of approximately $2,701,055, as revealed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 663,753 company shares and the sale of 19,456 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 606,604 shares and have averaged 180,226 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Itron is higher than its 41-company peer group average. The Electrical Components & Equipment peer group saw 23 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares traded per transaction by Itron insiders is lower than its peers. Within the peer group there were 668,753 shares purchased and 17,328,231 shares sold with company insiders having sold 724,325 shares on average over this time period.
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.
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