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Insider Trends: Insider Disposition at World Fuel Services Slowing 90-Days of Buying

05/07/2021 15:17

07:02 PM EDT, 05/07/2021 (MT Newswires) -- Ken Bakshi, Director, on May 05, 2021, sold 15,845 shares in World Fuel Services (INT) for $515,613. Subsequent to the Form 4 filing with the SEC, Bakshi owns 44,423 shares of the company, which have a market value of $1.45 million as of the prior-day closing price.

In the 90 days previous to the date of this filing, there have been 19 insider transactions reported to the SEC for World Fuel Services. These transactions came from the activities of 8 individual insiders that resulted in a net acquisition of 21,448 company shares. This compares with the preceding 90-day window of time where there were 7 transactions from 4 insiders that resulted in the net disposition of 140,339 shares.

This level of insider transactions is below that of the peer group average in the 8-company Petroleum Product Wholesale peer group over the last 90-day period. Peer group activity averaged 35.3 transactions per company, and disposition of 57,337 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/789460/000120919121031055/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.