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Terex (TEX) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

05/07/2021 18:28

10:19 PM EDT, 05/07/2021 (MT Newswires) -- SEC filings today revealed notable insider sales of Terex shares as two insiders -- John L Garrison Jr, Director and Officer, and Scott Posner, Officer -- sold 55,000 shares in the company having a market value of approximately $2,755,050. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 258,778 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 313,778 shares and have averaged 44,825 shares per transaction over this time period.

Today's Insider Activity

Insider buy/sell trading at Terex is greater than the 18 peer company average over the last 90-day period. However, the number of shares per average transaction for Terex insider buy-sell trading is very close to the average of the Heavy Machinery & Vehicles peer group of companies. This peer group saw 417,944 shares purchased and 726,873 shares sold resulting in an average of 44,031 shares traded and netting out with company insiders disposing of 11,882 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 sourced to compose 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.