Monday, March 05, 2018 10:15 PM ET
Insider Sales at Ameren (AEE) Deemed Significant
In SEC filings today Ameren reported three insiders — Gregory L Nelson, Officer, Bruce A Steinke, Officer, and Mark C Lindgren, Required Filer — disposed of 25,883 shares in the company having a market value of approximately $1,405,340. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 8,628 shares per transaction.
Ameren insider trading represents a higher number of buy/sell trades than for the 20 peer company average over the last 90-day period. The Multiline Utilities peer group saw 14 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for Ameren insiders was also higher. Within the peer group there were 302 shares purchased and 84,582 shares sold with company insiders having sold 6,020 shares on average.
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 sourced to compose and write this story.
Today’s Insider Activity
* Gregory L Nelson, Officer, sold 13,686 shares
* Bruce A Steinke, Officer, sold 6,277 shares
* Mark C Lindgren, Required Filer, sold 5,920 shares
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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