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Insider Trends: Insider Adds to Selling Trend at Nucor Corp

05/07/2021 12:03

03:57 PM EDT, 05/07/2021 (MT Newswires) -- Mary Emily Slate, EVP, on May 05, 2021, sold 5,280 shares in Nucor Corp (NUE) for $481,168. Subsequent to the Form 4 filing with the SEC, Slate has 56,947 shares of the company, which have a market value of $5.45 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 33 insider transactions reported to the SEC for Nucor Corp. These transactions came from the activities of 12 different insiders that resulted in a net disposition of 35,086 company shares. In the preceding 90-day window of time, there were 3 transactions from 2 insiders and resulted in the net disposition of 21,570 shares.

This is lower than the average level of insider transactions in the 31-company Steel peer group over the last 90-day period. Within the peer group activity averaged 94.7 transactions per company, and disposition of 28,404 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/73309/000112760221015835/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.