Significant Insider Selling Reported in Shares of Kaman (KAMN)

Tuesday, March 06, 2018 10:15 PM ET

Significant Insider Selling Reported in Shares of Kaman (KAMN)

There was a significant sale of shares of Kaman by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Thomas W Rabaut, Director — disposed of 20,000 shares in the company having a market value of approximately $1,205,026. This is the first insider buy/sell trade in the past 90 days.

The level of buy-sell trading at Kaman is near the 52 member peer company average. The Industrial Machinery & Equipment peer group saw 42 buy/sell trades during this period for an average of 0.8 transactions per company. However, the number of shares per buy/sell trade transacted by Kaman insiders is higher. Within the peer group there were 7,185 shares purchased and 305,293 shares sold with company insiders disposing of 7,098 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 compose 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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