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Insider Trends: Overstock.Com Insider Extends 90-Day Selling Trend

· 02/05/2021 14:13

07:04 PM EST, 02/05/2021 (MT Newswires) -- Carter Paul Lee, Chief Administrative Officer, on Feb 03, 2021, sold 3,267 shares in Overstock.Com (OSTK) for $279,917. Subsequent to the Form 4 filing with the SEC, Lee has control over 12,076 shares of company stock of which 10,800 shares are held directly and 1,276 are controlled indirectly. These holdings have an approximate market value of $1,069,209 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 21 insider transactions reported to the SEC for Overstock.Com. These transactions came from the activities of 9 individual insiders that resulted in a net disposition of 36,023 company shares. In the preceding 90-day window of time, there were 6 transactions from 5 insiders that resulted in the net disposition of 11,411 shares.

This level of transactions is below that of the peer group average in the 26-company E-commerce & Auction Services peer group over the last 90-day period. Peer group activity averaged 83.3 transactions per company, and disposition of 107,995 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1130713/000117911021001371/xslF345X03/edgar.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.