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Insider Trends: Selling By Insiders Lingers at Nasdaq

· 02/05/2021 12:14

05:05 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, EVP, Bradley J Peterson, executed a sale of 6,773 shares in Nasdaq (NDAQ) for $961,360. After the Form 4 filing with the SEC, Peterson has 17,589 shares of company stock, which have a market value of $2.53 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 6 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 7,816 company shares by insiders. In the preceding 90-day window of time, there were 6 transactions from 4 insiders which resulted in the net disposition of 9,065 shares.

This is less than the average level of insider transactions in the 14-company Financial & Commodity Market Operators & Service Providers (NEC) peer group over the last 90-day period. Activity in the peer group averaged 157.2 transactions per company, and disposition of 260,156 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1120193/000120919121008169/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.