Wednesday, March 07, 2018 10:15 PM ET
Significant Insider Sales Reported in Shares of Huntington Ingalls Industries (HII) Extending the Trend of Last Quarter
Three insiders — Christopher D Kastner, Officer, Edgar A Green III, Officer, and Philip M Bilden, Director — sold 4,816 shares of Huntington Ingalls Industries having a market value of approximately $1,764,538, today, as disclosed 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 acquisition of 5,800 company shares and the sale of 8,332 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 7,348 shares and have averaged 3,491 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Huntington Ingalls Industries is above its 44-company peer group average. The Aerospace & Defense peer group saw 60 buy/sell trades during this period for an average of 1.4 transactions per company. However, the number of shares traded per transaction by Huntington Ingalls Industries insiders is lower than its peers. Within the peer group there were 70,034 shares purchased and 234,985 shares sold with company insiders having sold 2,749 shares on average over this time period.
For the purpose of evaluating significant insider buying and selling all 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 used to evaluate and write this story.
Today’s Insider Activity
* Christopher D Kastner, Officer, sold 2,857 shares
* Edgar A Green III, Officer, sold 2,959 shares
* Philip M Bilden, Director, bought 1,000 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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