Monday, March 05, 2018 10:15 PM ET
Insiders at Scripps Networks Interactive (SNI) Make Significant Stock Sales
There was a notable level of share sales at Scripps Networks Interactive by insiders today, as revealed in form 4 documents filed with the SEC. Three insiders — Ronald W Tysoe, Director, Gina L Bianchini, Director, and Richelle P Parham, Director — disposed of 13,982 shares in the company having a market value of approximately $1,257,783. 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 4,661 shares per transaction.
Over the last 90 days, the number of insider buy/sell trades at Scripps Networks Interactive is greater than its 14-company peer group average. The Television Broadcasting peer group saw 15 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Scripps Networks Interactive insiders is lower than its peers. Within the peer group there were 1,615,352 shares purchased and 9,541 shares sold with company insiders purchasing 321,162 shares on average over this time period.
The data sourced in composing 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
* Ronald W Tysoe, Director, sold 5,873 shares
* Gina L Bianchini, Director, sold 5,873 shares
* Richelle P Parham, Director, sold 2,236 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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