Insider Trends: Insider at Balchem Continues Selling Trend with Tax Sale
04:32 PM EST, 02/05/2021 (MT Newswires) -- Carl Martin Bengtsson, CFO, made a sale of 1,996 shares of Balchem (BCPC) on Feb 04, 2021, for approximately $226,726 to satisfy tax obligations. Following the Form 4 filing with the SEC, Bengtsson owns 11,260 shares of company stock, which have a market value of $1.28 million as of the prior-day closing price.
During the most recent 90-day period, prior to the date of this filing, there has been one additional insider transaction which has resulted in the disposition of 3,000 of company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.
This level of insider transactions is below that of the peer group average in the 18-company Special Foods & Welbeing Products peer group over the last 90-day period. Activity in the peer group averaged 37.6 transactions per company, with company insiders acquiring on average 1,273,955 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/9326/000114036121003609/xslF345X03/form4.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.