Thursday, March 01, 2018 10:15 PM ET
Andeavor Logistics (ANDX) sees Significant Insider buy Extending Trend of purchases over Last Quarter
An insider — Jeff A Stevens, Director — purchased 41,835 shares of Andeavor Logistics having a market value of approximately $1,978,349 today, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 14,524 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 56,359 shares and have averaged 18,786 shares per transaction over this time period.
The number of insider buy/sell trades at Andeavor Logistics is greater than that of the 51 peer company average over the last 90-day period. The Oil & Gas Transportation Services peer group saw 43 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares traded per transaction by Andeavor Logistics insiders is lower than its peers. Within the peer group there were 14,113,069 shares purchased and 527,259 shares sold with company insiders purchasing 452,860 shares on average over this time period.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to create and write this story.
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