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Insider Trends: 90-Day Insider Buying Trend at Popular Slowed with Sale of Shares

05/10/2021 08:14

12:00 PM EDT, 05/10/2021 (MT Newswires) -- Camille Burckhart, EVP, sold 7,000 shares in Popular (BPOP) for $542,150 on May 06, 2021. Burckhart, following the transactions outlined in the Form 4 SEC filing, owns 31,771 shares of company stock, with a market value, based on the prior-day closing price, of $2.51 million.

In the 90 days prior to the date of this filing, there have been 50 insider transactions reported to the SEC for Popular. These transactions came from the activities of 15 individual insiders that resulted in a net acquisition of 95,217 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 7 insiders which resulted in the net disposition of 16,622 shares.

This level of insider transactions is below that of the peer group average in the 394-company Banks peer group over the last 90-day period. Peer group activity averaged 105.5 transactions per company, with company insiders acquiring on average 7,436 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/763901/000120919121031142/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.