Thursday, March 01, 2018 10:15 PM ET
Significant Insider Selling Continues at Amazon.com (AMZN)
A filing with the SEC today disclosed a significant insider sale of Amazon.com shares as — Jeffrey A Wilke, Officer — sold 3,600 shares in the company having a market value of approximately $5,460,214. 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 11,755 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 15,355 shares and have averaged 5,118 shares per transaction over this time period.
The number of insider buy/sell trades at Amazon.com is lower than that of the 6 peer company average over the last 90-day period. The Internet & Mail Order Department Stores peer group saw 28 buy/sell trades during this period for an average of 4.7 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 6,666 shares purchased and 556,770 shares sold with company insiders selling 19,647 shares on average over this time period.
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 compose 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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