Thursday, March 01, 2018 10:15 PM ET
Insider Sales at Moelis & Company (MC) Extends the Selling Trend of Last Quarter
Three insiders — Navid Mahmoodzadegan, Director and Officer, Jeffrey Raich, Director and Officer, and J Richard Leaman III, Director and Officer — sold 77,504 shares of Moelis & Company having a market value of approximately $3,985,571, today, as revealed in form 4 documents filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 4,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 81,504 shares and have averaged 20,376 shares per transaction over this time period.
The number of insider buy/sell trades at Moelis & Company is higher than the 14 peer company average over the last 90-day period. The Investment Banking peer group saw 5 buy/sell trades during this period for an average of 0.4 transactions per company. The number of shares per buy/sell trade for Moelis & Company insiders was also higher. Within the peer group there were 0 shares purchased and 91,243 shares sold with company insiders selling 18,249 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.
Today’s Insider Activity
* Navid Mahmoodzadegan, Director and Officer, sold 33,468 shares
* Jeffrey Raich, Director and Officer, sold 33,468 shares
* J Richard Leaman III, Director and Officer, sold 10,568 shares
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