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Insider Trends: Insider at Materion Exercises Options in Mist of 90-Day Buying Trend

05/10/2021 04:58

08:54 AM EDT, 05/10/2021 (MT Newswires) -- N Mohan Reddy, Director, exercised options for 2,012 shares in Materion (MTRN) for $154,381 on May 06, 2021. Reddy, subsequent to the transactions defined in the SEC Form 4 filing, indirectly controls 40,264 company shares, with a market value, based on the prior-day closing price, of $3.05 million.

Over the last 90 days, previous to the date of this filing, there have been 14 insider transactions reported to the SEC for Materion. These transactions came from the activities of 7 different insiders that resulted in a net acquisition of 7,439 company shares. This compares with the preceding 90-day window of time where there were 13 transactions from 7 insiders which resulted in the net acquisition of 25,931 shares.

This level of insider transactions is less than the peer group average in the 10-company Nonferrous Metal Processing peer group over the last 90-day period. Within the peer group activity averaged 83.8 transactions per company, and disposition of 1,639,231 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1104657/000110465721000050/xslF345X03/wf-form4_162065112111993.xml

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.