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Insider Trends: Selling By Insiders Continues at Triumph Bancorp

05/07/2021 12:09

04:02 PM EDT, 05/07/2021 (MT Newswires) -- Carlos M Sepulveda, Director, reported a sale of 30,000 shares in Triumph Bancorp (TBK) on May 07, 2021, for $2,721,300. Sepulveda, after the transactions designated in the SEC Form 4 filing, owns 380,264 shares of company stock, with a market value, based on the prior-day closing price, of $34.5 million.

Over the last 90 days, previous to the date of this filing, there have been 16 insider transactions reported to the SEC for Triumph Bancorp. These transactions came from the activities of 5 separate insiders that resulted in a net disposition of 18,774 company shares. This compares with the preceding 90-day window of time where there were 16 transactions from 10 insiders and resulted in the net disposition of 25,593 shares.

This level of insider transactions is below that of the peer group average in the 212-company Corporate Banks peer group over the last 90-day period. Peer group activity averaged 114.6 transactions per company, and disposition of 1,080 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1539638/000120919121030869/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.