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Insider Trends: Pinnacle Financial Partners Insider Sale Scales Back 90-Days of Buys

· 02/05/2021 11:26

04:24 PM EST, 02/05/2021 (MT Newswires) -- On Feb 04, 2021, Director, Ronald L Samuel, executed a sale of 6,000 shares in Pinnacle Financial Partners (PNFP) for $438,450. Samuel, after the transactions designated in the SEC Form 4 filing, has 8,681 shares of company stock, with a market value, based on the prior-day closing price, of $639,182.

Over the last 90 days, prior to the date of this filing, there have been 12 insider transactions reported to the SEC for Pinnacle Financial Partners. These transactions came from the activities of 6 individual insiders that resulted in a net acquisition of 182,864 company shares. Relative to the preceding 90-day window of time, there were 3 transactions from 3 insiders and resulted in the net disposition of 4,040 shares.

This level of insider transactions is less than the peer group average in the 212-company Corporate Banks peer group over the last 90-day period. Peer group activity averaged 104.0 transactions per company, and disposition of 1,168 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1115055/000156761921002262/xslF345X03/doc1.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.