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Insider Trends: Selling By Insiders Endures at Nucor Corp

05/07/2021 12:20

04:13 PM EDT, 05/07/2021 (MT Newswires) -- Kenneth Rex Query, EVP, executed a sale of 3,500 shares in Nucor Corp (NUE) on May 06, 2021, for $326,638. Query, after the transactions outlined in the SEC Form 4 filing, has 60,010 shares of company stock, which have a market value of $5.74 million as of the prior-day closing price.

During the most recent 90-day period, prior to the date of this filing, there have been 34 insider transactions reported to the SEC for Nucor Corp. These transactions came from the activities of 12 individual insiders that resulted in a net disposition of 40,366 company shares. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net disposition of 21,570 shares.

This is less than the average level of insider transactions in the 31-company Steel peer group over the last 90-day period. Activity in the peer group averaged 94.8 transactions per company, and disposition of 28,406 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/73309/000112760221015852/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.