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Insider Trends: Terex Insider Adds to 90-Day Selling Trend

05/07/2021 12:36

04:27 PM EDT, 05/07/2021 (MT Newswires) -- On May 06, 2021, John L Garrison Jr, Director and Chairman & CEO, executed a sale of 50,000 shares in Terex (TEX) for $2,671,000. Following the Form 4 filing with the SEC, Garrison owns 589,010 shares of the company, with a market value, based on the prior-day closing price, of $31.8 million.

During the most recent 90-day period, prior to the date of this filing, there have been 61 insider transactions reported to the SEC for Terex. These transactions came from the activities of 7 separate insiders that resulted in a net disposition of 187,038 company shares. In the preceding 90-day window of time, there were 12 transactions from 4 insiders and resulted in the net disposition of 16,828 shares.

This level of insider transactions is lower than the peer group average in the 18-company Heavy Machinery & Vehicles peer group over the last 90-day period. Peer group activity averaged 449.4 transactions per company, and disposition of 53,353 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/97216/000009721621000189/xslF345X03/wf-form4_162041893352569.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.