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Insider Trends: Insider 90-Day Selling Trend Extended at PNC Financial Services Group

· 02/05/2021 09:19

02:18 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, EVP, Michael J Hannon, executed a sale of 3,162 shares in PNC Financial Services Group (PNC) for $479,685. Hannon, after the transactions designated in the SEC Form 4 filing, has 48,248 company shares, with a market value, based on the prior-day closing price, of $7.56 million.

During the most recent 90-day period, previous to the date of this filing, there has been one additional insider transaction which has resulted in the disposition of 3,840 of company shares. This compares with the preceding 90-day window of time where there are no insider transactions for the company.

This level of transactions is below that of the peer group average in the 394-company Banks peer group over the last 90-day period. Activity in the peer group averaged 97.0 transactions per company, with company insiders acquiring on average 7,236 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/713676/000120919121008048/xslF345X03/doc4.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.