Insider Trends: Insider at MDC Holdings Makes Shares Sale for Tax Slowing 90-Day Buy Trend
11:19 AM EST, 02/05/2021 (MT Newswires) -- David D Mandarich, Director and President, CEO and Director, reported a sale of 6,718 shares of MDC Holdings (MDC) for approximately $378,761 to fulfill tax obligations on Feb 03, 2021. Mandarich, after the transactions outlined in the SEC Form 4 filing, owns 4,116,311 shares of company stock, which have a market value of $232 million as of the prior-day closing price.
Over the last 90 days, previous to the date of this filing, there have been 15 insider transactions reported to the SEC for MDC Holdings. These transactions came from the activities of 4 individual insiders that resulted in a net acquisition of 249,514 company shares. This compares with the preceding 90-day window of time where there were 14 transactions from 5 insiders that resulted in the net disposition of 17,548 shares.
This is lower than the average level of insider transactions in the 10-company Residential Builders - Single Homes peer group over the last 90-day period. Within the peer group activity averaged 117.8 transactions per company, and disposition of 474,529 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/773141/000100987421000008/xslF345X03/edgar.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.