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Significant Insider Selling Continues at Federal Agricultural Mortgage (AGM)

· 02/04/2021 17:25

10:19 PM EST, 02/04/2021 (MT Newswires) -- A filing with the SEC today indicated a significant insider sale of Federal Agricultural Mortgage shares as -- Zions Bancorporation, National Association /Ut/, 10% Owner -- sold 20,000 shares in the company having a market value of approximately $1,541,092. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 392,337 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 412,337 shares and have averaged 206,169 shares per transaction over this time period.

The number of buy-sell trades for Federal Agricultural Mortgage is close to that of the 17 member peer company average. The Corporate Financial Services peer group saw 42 buy/sell trades during this period for an average of 2.5 transactions per company. However, the number of shares per buy/sell trade transacted by Federal Agricultural Mortgage insiders is higher. Within the peer group there were 16,981 shares purchased and 475,377 shares sold with company insiders disposing of 10,914 shares on average.

The data sourced 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.

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.