Monday, March 05, 2018 10:15 PM ET
Fortress Transportation & Infrastructure Investors (FTAI) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter
One insider — Martin Tuchman, Director — today, bought 79,324 shares of Fortress Transportation & Infrastructure Investors having a market value of approximately $1,301,707, as disclosed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 52,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 131,324 shares and have averaged 32,831 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Fortress Transportation & Infrastructure Investors is above the 8-company peer group average. Commercial Leasing peer group saw 3 buy/sell trades during this period for an average of 0.4 transactions per company. The number of shares per buy/sell trade for Fortress Transportation & Infrastructure Investors insiders was also higher. Within the peer group there were 52,000 shares purchased and 0 shares sold with company insiders acquiring 17,333 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 obtained to evaluate and write this story.
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