Friday, March 09, 2018 10:15 PM ET
Insider Makes Significant Stock buy in Ecolab (ECL) Shares Breaks neutral Trend of Last 90 Days
One Ecolab insider — William H Gates III, 10% Owner — today, acquired 1,329,162 shares having a market value of approximately $176,962,339, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
Ecolab level of buy-sell trading activity is close to the 32 member peer company average. The Specialty Chemicals peer group saw 26 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 Ecolab insiders is higher. Within the peer group there were 7,310,274 shares purchased and 527,300 shares sold with company insiders purchasing 678,297 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 sourced to compose and write this story.
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