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Insider at MSCI (MSCI) Makes Significant Sale of Stock

05/07/2021 18:32

10:20 PM EDT, 05/07/2021 (MT Newswires) -- A significant insider sale of the shares of MSCI was indicated in a form 4 document filed with the SEC today, showing -- Cd Baer Pettit, Officer -- sold 2,500 shares in the company having a market value of approximately $1,210,286. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 8,096 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 10,596 shares and have averaged 3,532 shares per transaction over this time period.

The number of insider buy/sell trades at MSCI is higher than that of the 3 peer company average over the last 90-day period. The Investment Support Tools peer group saw 6 buy/sell trades during this period for an average of 2.0 transactions per company. However, the number of shares traded per transaction by MSCI insiders is lower than its peers. Within the peer group there were 47,900 shares purchased and 8,096 shares sold with company insiders acquiring 9,951 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating 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 in data sourced in evaluating and writing 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.