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Insider Trends: UMB Financial Insider Disposition Interrupting 90-Day Buy Trend

· 02/04/2021 13:29

06:26 PM EST, 02/04/2021 (MT Newswires) -- J Mariner Kemper, Director and Chairman & CEO, sold 1,681 shares of UMB Financial (UMBF) on Feb 03, 2021, for $123,940. Kemper, following the transactions detailed in the Form 4 SEC filing, controls 2,979,662 shares of company stock of which 192,377 shares are held directly and 2,787,285 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $221.0 million.

Over the last 90 days, previous to the date of this filing, there have been 57 insider transactions reported to the SEC for UMB Financial. These transactions came from the activities of 22 separate insiders that resulted in a net acquisition of 33,566 company shares. This compares with the preceding 90-day window of time where there were 3 transactions from 1 insider which resulted in the disposition of 11,087 shares.

This is lower than the average level of insider transactions in the 212-company Corporate Banks peer group over the last 90-day period. Activity in the peer group averaged 103.9 transactions per company, and disposition of 1,168 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/101382/000112760221004053/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.