Friday, March 09, 2018 10:15 PM ET
Insiders Make Significant Stock Sales in Cott Corp (COT) Shares
There was a significant level of insider selling disclosed today in filings with the SEC for Cott Corp. Three insiders — Jason R Ausher, Officer, Marni Morgan Poe, Officer, and Jay Wells, Officer — disposed of 70,000 shares in the company for approximately $1,110,850. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 23,333 shares per transaction.
Insider buy/sell trading at Cott Corp is above the 11 peer company average over the last 90-day period. The Business Support Supplies peer group saw 5 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Cott Corp insiders was also higher. Within the peer group there were 0 shares purchased and 61,447 shares sold with company insiders selling 12,289 shares on average.
The data sourced in evaluating 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.
Today’s Insider Activity
* Jason R Ausher, Officer, sold 5,000 shares
* Marni Morgan Poe, Officer, sold 30,000 shares
* Jay Wells, Officer, sold 35,000 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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