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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at Landstar System

· 02/05/2021 11:24

04:22 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, VP, CSO, COO, Joseph J Beacom, executed a sale of 5,000 shares in Landstar System (LSTR) for $721,171. Beacom, following the transactions delineated in the Form 4 SEC filing, has 38,697 shares of the company, with a market value, based on the prior-day closing price, of $5.68 million.

In the 90 days prior to the date of this filing, there have been 10 insider transactions reported to the SEC for Landstar System. These transactions came from the activities of 5 individual insiders that resulted in a net acquisition of 9,766 company shares. This compares with the preceding 90-day window of time where there were 5 transactions from 4 insiders which resulted in the net disposition of 43,950 shares.

This level of insider transactions is below that of the peer group average in the 16-company Freight Trucking peer group over the last 90-day period. Peer group activity averaged 106.2 transactions per company, and disposition of 5,300 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/853816/000112760221004171/xslF345X03/form4.xml

[Disclaimer]
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