Significant Insider Sales in Shares of Hamilton Lane (HLNE)

Wednesday, March 07, 2018 10:15 PM ET

Significant Insider Sales in Shares of Hamilton Lane (HLNE)

Two insiders — Dr Juan Delgado-Moreira, 10% Owner and Officer, and Oakville Number 2 Trust, 10% Owner — today, sold 696,315 shares of Hamilton Lane having a market value of approximately $23,848,789, as revealed in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 348,158 shares per transaction.

Insider buy/sell trading at Hamilton Lane is higher than the 31 peer company average over the last 90-day period. The Investment Management peer group saw 24 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Hamilton Lane insiders was also higher. Within the peer group there were 2,127,693 shares purchased and 987,562 shares sold with company insiders purchasing 54,292 shares on average.

The data used 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.

Today’s Insider Activity
* Dr Juan Delgado-Moreira, 10% Owner and Officer, sold 446,315 shares
* Oakville Number 2 Trust, 10% Owner, sold 250,000 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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