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Insider Trends: Insider Continues 90-Day Selling Trend at Nucor Corp

05/07/2021 12:26

04:15 PM EDT, 05/07/2021 (MT Newswires) -- Douglas J Jellison, EVP, reported a sale of 5,995 shares of Nucor Corp (NUE) on May 05, 2021, for $555,262. Jellison, subsequent to the transactions outlined in the SEC Form 4 filing, owns 82,484 shares of company stock, which have a market value of $7.89 million as of the prior-day closing price.

In the 90 days previous to the date of this filing, there have been 35 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 43,866 company shares. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders which resulted in the net disposition of 21,570 shares.

This is a lower level of transactions than the peer group average in the 31-company Steel peer group over the last 90-day period. Peer group activity averaged 94.8 transactions per company, and disposition of 28,410 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/73309/000112760221015857/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.