Significant Insider Buying Reported in Shares of Lawson Products (LAWS)

Monday, March 05, 2018 10:15 PM ET

Significant Insider Buying Reported in Shares of Lawson Products (LAWS)

There were substantial insider purchases of Lawson Products shares today, as revealed in filings with the SEC as two insiders — Michael G Decata, Director and Officer, and Luther King Capital Management Corp, 10% Owner — acquired 126,842 shares in the company having a net market value of approximately $3,043,522. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 100,000 company shares and the disposition of 100,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 126,842 shares and have averaged 81,711 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Lawson Products is above the 9-company peer group average. Industrial Machinery & Equipment Wholesale peer group saw 9 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Lawson Products insiders was also higher. Within the peer group there were 100,000 shares purchased and 126,425 shares sold with company insiders having sold 2,936 shares on average.

In determining significant insider buying and selling, 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 obtained to evaluate and write this story.

Today’s Insider Activity
* Michael G Decata, Director and Officer, bought 1,842 shares
* Luther King Capital Management Corp, 10% Owner, bought 125,000 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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