Insider purchase at Mondelez International (MDLZ) comes in face of Selling Trend of Last 90 Days

Friday, March 09, 2018 10:15 PM ET

Insider purchase at Mondelez International (MDLZ) comes in face of Selling Trend of Last 90 Days

An insider — Peter W May, Director — purchased 1,028,600 shares of Mondelez International having a market value of approximately $45,537,562 today, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 2,000 company shares and the disposition of 6,523,275 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 5,492,675 shares and have averaged 2,517,958 shares per transaction over this time period.

Insiders at Mondelez International have a higher number of buy/sell transactions than the 42-peer company average over the last 90-day period. The Food Processing peer group saw 64 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Mondelez International insiders was also higher. Within the peer group there were 3,914,900 shares purchased and 7,749,953 shares sold with company insiders disposing of 59,923 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 obtained to compose and write this story.

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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