Insider Makes Sale of Mondelez International (MDLZ) Shares Slowing 90 Day Buying Trend

Thursday, March 01, 2018 10:15 PM ET

Insider Makes Sale of Mondelez International (MDLZ) Shares Slowing 90 Day Buying Trend

There was a substantial sale of shares of Mondelez International by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Nelson Peltz, Director — disposed of 6,523,275 shares in the company having a market value of approximately $284,871,419. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 2,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 6,521,275 shares and have averaged 3,262,638 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Mondelez International is greater than the 42-company peer group average. Food Processing peer group saw 53 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Mondelez International insiders was also higher. Within the peer group there were 3,911,400 shares purchased and 840,487 shares sold with company insiders purchasing 118,112 shares on average.

In order to focus on 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 data used to evaluate 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.

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