Tuesday, March 06, 2018 10:15 PM ET
Significant Insider Selling Continues at Mylan NV (MYL)
A SEC filing today indicated a notable insider sale of Mylan NV shares as — Robert J Coury, Director — sold 200,000 shares in the company having a market value of approximately $8,185,310. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 75,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 275,000 shares and have averaged 137,500 shares per transaction over this time period.
The number of insider buy/sell trades at Mylan NV is higher than the 121 peer company average over the last 90-day period. The Pharmaceuticals peer group saw 83 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for Mylan NV insiders was also higher. Within the peer group there were 2,598,449 shares purchased and 4,014,981 shares sold with company insiders selling 17,067 shares on average.
The data sourced in creating 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.
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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