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Insider at Stanley Black & Decker (SWK) Makes Significant Sale of Stock

05/07/2021 18:27

10:19 PM EDT, 05/07/2021 (MT Newswires) -- One insider -- Jaime A Ramirez, Officer -- today, disposed of 8,315 shares of Stanley Black & Decker having a market value of approximately $1,746,101, as revealed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 2,809 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 11,124 shares and have averaged 5,562 shares per transaction over this time period.

The number of insider buy/sell trades at Stanley Black & Decker is above that of the 51 peer company average over the last 90-day period. The Industrial Machinery & Equipment peer group saw 32 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares traded per transaction by Stanley Black & Decker insiders is lower than its peers. Within the peer group there were 5,938 shares purchased and 244,713 shares sold with company insiders having sold 7,462 shares on average over this time period.

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 obtained to evaluate and write this story.

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.