Friday, March 09, 2018 10:15 PM ET
Insider Sale at Cerner (CERN) Continues Selling Trend
An insider — Clifford W Illig, Director and Officer — sold 307,700 shares of Cerner having a market value of approximately $19,852,627 today, as indicated 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. All of these trades have been sales resulting in the sale of 54,100 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 361,800 shares and have averaged 120,600 shares per transaction over this time period.
The number of insider buy/sell trades at Cerner is higher than the 93 peer company average over the last 90-day period. The Advanced Medical Equipment & Technology peer group saw 128 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Cerner insiders was also higher. Within the peer group there were 292,760 shares purchased and 861,400 shares sold with company insiders selling 4,443 shares on average.
The data obtained 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.
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