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Insider Trends: Insider Prolongs 90-Day Selling Trend at The Scotts Miracle-Gro

· 02/05/2021 09:22

02:21 PM EST, 02/05/2021 (MT Newswires) -- Ivan C Smith, EVP, GC & Secretary, sold 2,411 shares in The Scotts Miracle-Gro (SMG) for $565,170 on Feb 04, 2021. Smith, following the transactions delineated in the Form 4 SEC filing, has 7,277 company shares, with a market value, based on the prior-day closing price, of $1.72 million.

During the most recent 90-day period, previous to the date of this filing, there have been 34 insider transactions reported to the SEC for The Scotts Miracle-Gro. These transactions came from the activities of 16 separate insiders that resulted in a net disposition of 56,196 company shares. Relative to the preceding 90-day window of time, there were 15 transactions from 6 insiders and resulted in the net acquisition of 708 shares.

This is a lower level of transactions than the peer group average in the 19-company Agricultural Chemicals peer group over the last 90-day period. Within the peer group activity averaged 70.5 transactions per company, with company insiders acquiring on average 190,151 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/825542/000144398421000072/xslF345X03/wf-form4_161255272714718.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.