USANA Health Sciences (USNA) sees Significant Insider Sales Extending the Trend of Last Quarter

Monday, March 05, 2018 10:15 PM ET

USANA Health Sciences (USNA) sees Significant Insider Sales Extending the Trend of Last Quarter

Two insiders — Myron W Wentz, Director, and Gull Global Ltd, 10% Owner — disposed of 80,000 shares of USANA Health Sciences having a market value of approximately $6,082,559, today, as revealed in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 163,554 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 243,554 shares and have averaged 60,889 shares per transaction over this time period.

Insider buy/sell trading at USANA Health Sciences is higher than the 18 peer company average over the last 90-day period. The Personal Products peer group saw 35 buy/sell trades during this period for an average of 1.9 transactions per company. The number of shares per buy/sell trade for USANA Health Sciences insiders was also higher. Within the peer group there were 20,636 shares purchased and 418,172 shares sold with company insiders selling 11,358 shares on average.

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
* Myron W Wentz, Director, sold 40,000 shares
* Gull Global Ltd, 10% Owner, sold 40,000 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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