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Insider Trends: Insider Prolongs 90-Day Selling Trend at Watts Industries

05/10/2021 07:15

11:08 AM EDT, 05/10/2021 (MT Newswires) -- Kenneth Robert Lepage, General Counsel, executed a sale of 14,301 shares of Watts Industries (WTS) on May 07, 2021, for $1,941,095. Lepage, subsequent to the transactions designated in the SEC Form 4 filing, owns 25,912 shares of the company, with a market value, based on the prior-day closing price, of $3.53 million.

During the most recent 90-day period, previous to the date of this filing, there have been 25 insider transactions reported to the SEC for Watts Industries. These transactions came from the activities of 6 separate insiders that resulted in a net acquisition of 2,415 company shares. This compares with the preceding 90-day window of time where there were 19 transactions from 8 insiders which resulted in the net disposition of 63,028 shares.

This represents a lower level of transactions than the peer group average in the 6-company Industrial Valve Manufacturing peer group over the last 90-day period. Within the peer group activity averaged 101.0 transactions per company, and disposition of 1,019,533 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/795403/000122520821007823/xslF345X03/doc4.xml

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