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Insider Trends: Insider Sales Continue 90-Day Trend at Shutterstock

· 02/05/2021 06:17

11:10 AM EST, 02/05/2021 (MT Newswires) -- Jonathan Oringer, 10% Owner, Director and Executive Chairman, reported a sale of 40,293 shares in Shutterstock (SSTK) on Feb 03, 2021, for $2,752,034. Following the Form 4 filing with the SEC, Oringer owns 13,432,824 shares of company stock, which have a market value of $932 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 6 insider transactions reported to the SEC for Shutterstock. These transactions came from the activities of 4 different insiders that resulted in a net disposition of 218,061 company shares. In the preceding 90-day window of time, there were 5 transactions from 1 insider which resulted in the disposition of 2,319,000 shares.

This represents a lower level of transactions than the peer group average in the 65-company Online Services (NEC) peer group over the last 90-day period. Within the peer group activity averaged 87.0 transactions per company, and disposition of 11,458 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1549346/000117911021001340/xslF345X03/edgar.xml

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