Insiders at Abbott Laboratories (ABT) Make Significant Stock Sales Extends the Trend of Last Quarter

Monday, March 05, 2018 10:15 PM ET

Insiders at Abbott Laboratories (ABT) Make Significant Stock Sales Extends the Trend of Last Quarter

Seven insiders listed below, sold 67,225 shares of Abbott Laboratories having a market value of approximately $4,051,111, today, as revealed in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 40,037 company shares and the disposition of 234,298 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 261,486 shares and have averaged 31,051 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Abbott Laboratories is above its 121-company peer group average. The Pharmaceuticals peer group saw 67 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares traded per transaction by Abbott Laboratories insiders is lower than its peers. Within the peer group there were 2,129,599 shares purchased and 3,942,668 shares sold with company insiders having sold 27,061 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating 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 in data used in composing and writing this story.

Today’s Insider Activity
* Stephen R Fussell, Officer, sold 23,832 shares
* Robert E Funck, Officer, sold 3,874 shares
* Jaime Contreras, Officer, sold 14,933 shares
* Daniel Gesua Sive Salvadori, Officer, sold 9,483 shares
* Roger Bird, Officer, sold 7,132 shares
* Jared Watkin, Officer, sold 4,862 shares
* Sharon J Bracken, Officer, sold 3,109 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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