Insider Trends: Insider Sale at BlackRock Scaling Back 90-Days of Buying
07:08 PM EST, 02/04/2021 (MT Newswires) -- On Feb 04, 2021, Mark McCombe, Senior Managing Director, reported a sale of 1,777 shares in BlackRock (BLK) for $1,305,438. McCombe, after the transactions described in the SEC Form 4 filing, has 21,804 company shares, with a market value, based on the prior-day closing price, of $15.8 million.
In the 90 days prior to the date of this filing, there have been 48 insider transactions reported to the SEC for BlackRock. These transactions came from the activities of 23 individual insiders that resulted in a net acquisition of 35,740 company shares. In the preceding 90-day window of time, there were 17 transactions from 12 insiders and resulted in the net disposition of 45,515 shares.
This is a lower level of transactions than the peer group average in the 38-company Investment Management & Fund Operators peer group over the last 90-day period. Within the peer group activity averaged 102.1 transactions per company, and disposition of 35,044 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1364742/000112760221004069/xslF345X03/form4.xml
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