Insider Selling in Tintri (TNTR) Shares Continues

Friday, March 09, 2018 10:15 PM ET

Insider Selling in Tintri (TNTR) Shares Continues

One insider — Insight Holdings Group, LLC, 10% Owner — today, sold 645,433 shares of Tintri having a market value of approximately $3,575,313, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 86,365 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 621,607 shares and have averaged 420,995 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Tintri is greater than the 8-company peer group average. Storage Devices peer group saw 7 buy/sell trades during this period for an average of 0.9 transactions per company. The number of shares per buy/sell trade for Tintri insiders was also higher. Within the peer group there were 0 shares purchased and 135,596 shares sold with company insiders disposing of 19,371 shares on average.

The data sourced in composing 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.

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.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

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