Wednesday, March 07, 2018 10:15 PM ET
Insider Buying at Lawson Products (LAWS) is Significant and Extends Trend of Last Quarter
Two insiders — Michael G Decata, Director and Officer, and Luther King Capital Management Corp, 10% Owner — acquired 122,189 shares of Lawson Products having a market value of approximately $3,053,999 today, as reflected in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the purchase of 226,842 company shares and the disposition of 100,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 249,031 shares and have averaged 89,806 shares per transaction over this time period.
Relative to its peers over the last 90 days, insider buy/sell trading at Lawson Products is above the 9-company peer group average. Industrial Machinery & Equipment Wholesale peer group saw 11 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Lawson Products insiders was also higher. Within the peer group there were 226,842 shares purchased and 126,425 shares sold with company insiders purchasing 10,042 shares on average.
To bring into focus significant insider buying and selling activity, 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 has been eliminated in data sourced to create and write this story.
Today’s Insider Activity
* Michael G Decata, Director and Officer, bought 2,189 shares
* Luther King Capital Management Corp, 10% Owner, bought 120,000 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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