Significant Insider Sales Reported in Shares of Carlyle Group (CG) Extending the Trend of Last Quarter
10:19 PM EST, 02/04/2021 (MT Newswires) -- Two insiders -- Kewsong Lee, Director and Officer, and Peter J Clare, Director and Officer -- today, disposed of 184,361 shares of Carlyle Group having a market value of approximately $5,910,614, as reported in form 4 documents filed with the SEC. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 4,750,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 4,934,361 shares and have averaged 1,644,787 shares per transaction over this time period.
Today's Insider Activity
Relative to its peers over the last 90 days, insider buy/sell trading at Carlyle Group is greater than the 33-company peer group average. Investment Management peer group saw 34 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Carlyle Group insiders was also higher. Within the peer group there were 39,208 shares purchased and 6,183,878 shares sold with company insiders selling 180,726 shares on average.
The data used in creating 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.
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