Oppenheimer Holdings (OPY) Insiders Make Significant Share Sales
10:19 PM EDT, 05/07/2021 (MT Newswires) -- Oppenheimer Holdings, today, saw two insiders -- Dennis P McNamara, Officer, and Jeffrey J Alfano, Officer -- dispose 55,395 shares having a market value of approximately $2,747,022, as reported in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 27,698 shares per transaction.
Today's Insider Activity
This level of buy-sell trading activity is near the 17 member peer company average. The average level of shares per transaction for Oppenheimer Holdings insider buy-sell trading is close to that of the company's peer group. Within the Corporate Financial Services peer group there were 655,570 shares purchased and 200,968 shares sold resulting in an average of 28,551 shares traded and netting out with company insiders having bought 50,511 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated from data used to evaluate and write this story.
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