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Insider Trends: Perficient Sees 90 Days of Insider Buying Trend Interrupting with Share Sale

05/07/2021 12:34

04:24 PM EDT, 05/07/2021 (MT Newswires) -- Thomas J Hogan, President & COO, executed a sale of 8,224 shares in Perficient (PRFT) for $555,120 on May 05, 2021. After the Form 4 filing with the SEC, Hogan owns 83,441 shares of company stock, with a market value, based on the prior-day closing price, of $5.63 million.

Over the last 90 days, prior to the date of this filing, there have been 12 insider transactions reported to the SEC for Perficient. These transactions came from the activities of 5 separate insiders that resulted in a net acquisition of 46,782 company shares. This compares with the preceding 90-day window of time where there were 2 transactions from 2 insiders that resulted in the net disposition of 41,000 shares.

This is lower than the average level of insider transactions in the 188-company IT Services & Consulting peer group over the last 90-day period. Activity in the peer group averaged 115.3 transactions per company, and disposition of 25,966 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1085869/000108586921000060/xslF345X03/wf-form4_162041876657558.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.