Significant Insider purchase of Andeavor Logistics (ANDX) Shares Extends the Buying Trend of Last Quarter

Monday, March 05, 2018 10:15 PM ET

Significant Insider purchase of Andeavor Logistics (ANDX) Shares Extends the Buying Trend of Last Quarter

An insider — Jeff A Stevens, Director — bought 28,134 shares of Andeavor Logistics having a market value of approximately $1,298,099 today, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 56,359 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 84,493 shares and have averaged 28,164 shares per transaction over this time period.

The number of insider buy/sell trades at Andeavor Logistics is higher than that of the 51 peer company average over the last 90-day period. The Oil & Gas Transportation Services peer group saw 44 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares traded per transaction by Andeavor Logistics insiders is lower than its peers. Within the peer group there were 14,164,904 shares purchased and 525,259 shares sold with company insiders acquiring 439,989 shares on average over this time period.

To bring into focus 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 in data obtained to evaluate and write this story.

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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