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Insider Trends: Insider Prolongs Selling Trend at MarineMax

05/07/2021 12:21

04:13 PM EDT, 05/07/2021 (MT Newswires) -- William H McGill Jr, Director and Executive Chairman, sold 50,000 shares in MarineMax (HZO) for $3,182,633 on May 05, 2021. McGill, following the transactions delineated in the Form 4 SEC filing, has 143,688 shares of the company, with a market value, based on the prior-day closing price, of $9.06 million.

Over the last 90 days, previous to the date of this filing, there have been 18 insider transactions reported to the SEC for MarineMax. These transactions came from the activities of 10 different insiders that resulted in a net disposition of 211,732 company shares. This compares with the preceding 90-day window of time where there were 21 transactions from 11 insiders which resulted in the net disposition of 24,593 shares.

This level of insider transactions is less than the peer group average in the 10-company Recreational Products peer group over the last 90-day period. Activity in the peer group averaged 176.3 transactions per company, with company insiders acquiring on average 128,929 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1057060/000120919121030884/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.