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Insider Trends: Archrock Insider Extends 90-Day Selling Trend

05/10/2021 06:50

10:46 AM EDT, 05/10/2021 (MT Newswires) -- JDH Capital Holdings Lp, 10% Owner, sold 76,231 shares of Archrock (AROC) on May 06, 2021, for $736,391. JDH Capital Holdings, subsequent to the transactions detailed in the SEC Form 4 filing, owns 17,401,400 company shares, with a market value, based on the prior-day closing price, of $169 million.

During the most recent 90-day period, previous to the date of this filing, there have been 17 insider transactions reported to the SEC for Archrock. These transactions came from the activities of 15 separate insiders that resulted in a net disposition of 3,662,705 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 6 insiders which resulted in the net disposition of 112,814 shares.

This is lower than the average level of insider transactions in the 65-company Oil Related Services and Equipment peer group over the last 90-day period. Activity in the peer group averaged 79.5 transactions per company, and disposition of 106,403 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1389050/000089924321018806/xslF345X03/doc4.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.