Tuesday, August 22, 2017 10:15 PM ET
Insider at Medpace Holdings (MEDP) Makes Significant Sale of Stock
One insider — Limited Partnership Medpace, 10% Owner — today, sold 2,000,000 shares of Medpace Holdings having a market value of approximately $60,540,000, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
The number of buy-sell trades for Medpace Holdings is close to that of the 181 member peer company average. The Biotechnology & Medical Research peer group saw 159 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares per buy/sell trade transacted by Medpace Holdings insiders is higher. Within the peer group there were 11,981,137 shares purchased and 42,117,651 shares sold with company insiders disposing of 189,538 shares on average.
Significant insider buying and selling activity has been determined by eliminating 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 in data used in composing and writing this story.
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