Significant Insider Selling in Shares of ManpowerGroup (MAN) Continues

Monday, March 05, 2018 10:15 PM ET

Significant Insider Selling in Shares of ManpowerGroup (MAN) Continues

One ManpowerGroup insider — Darryl Green, Officer — today, disposed of 10,000 shares having a market value of approximately $1,172,632, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 1,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 11,000 shares and have averaged 5,500 shares per transaction over this time period.

The level of buy-sell trades at ManpowerGroup is close to that of the 17 member peer company average. The Employment Services peer group saw 31 buy/sell trades during this period for an average of 1.8 transactions per company. However, trading at ManpowerGroup represents a lower number of shares per transaction. Within the peer group there were 10,000 shares purchased and 544,933 shares sold with company insiders having sold 17,256 shares on average over this time period.

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.

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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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