Wednesday, March 07, 2018 10:15 PM ET
Insider at Pfizer (PFE) Makes Significant Sale of Stock
One Pfizer insider Charles H Hill, Officer, today, disposed of 42,393 shares having a market value of approximately $1,515,985, as indicated in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 30,494 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 72,887 shares and have averaged 14,577 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Pfizer is greater than its 121-company peer group average. The Pharmaceuticals peer group saw 84 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares traded per transaction by Pfizer insiders is lower than its peers. Within the peer group there were 2,793,849 shares purchased and 4,205,165 shares sold with company insiders disposing of 16,801 shares on average over this time period.
Significant insider buying and selling activity has been determined by eliminating 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 in data obtained in creating and writing this story.
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