Insider Trends: Twitter Sees 90 Days of Insider Buying Trend Reducing with Share Sale
07:56 PM EDT, 05/07/2021 (MT Newswires) -- Robert Kaiden, Chief Accounting Officer, executed a sale of 9,191 shares of Twitter (TWTR) on May 05, 2021, for $496,530. Kaiden, after the transactions defined in the SEC Form 4 filing, indirectly controls 144,179 shares of the company, with a market value, based on the prior-day closing price, of $7.76 million.
During the most recent 90-day period, previous to the date of this filing, there have been 31 insider transactions reported to the SEC for Twitter. These transactions came from the activities of 8 separate insiders that resulted in a net acquisition of 663,754 company shares. In the preceding 90-day window of time, there were 21 transactions from 8 insiders and resulted in the net acquisition of 1,081,355 shares.
This level of insider transactions is below that of the peer group average in the 13-company Social Media & Networking peer group over the last 90-day period. Peer group activity averaged 174.2 transactions per company, and disposition of 331,676 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1418091/000141809121000098/xslF345X03/wf-form4_162043164078099.xml
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