Continued Level of Significant Insider Selling at National Instruments (NATI)

Monday, March 05, 2018 10:15 PM ET

Continued Level of Significant Insider Selling at National Instruments (NATI)

An insider — James J Truchard, Director — disposed of 40,000 shares of National Instruments having a market value of approximately $2,038,000 today, as revealed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 1,900 company shares and the sale of 621,346 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 659,446 shares and have averaged 132,649 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at National Instruments is greater than the 100-company peer group average. Software peer group saw 129 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for National Instruments insiders was also higher. Within the peer group there were 306,900 shares purchased and 14,508,203 shares sold with company insiders having sold 110,088 shares on average.

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 create 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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