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Insider Trends: Insider Adds to Selling Trend at Beacon Roofing Supply

05/10/2021 12:19

04:03 PM EDT, 05/10/2021 (MT Newswires) -- Clement Munroe Best III, President, South Division, on May 07, 2021, sold 4,000 shares in Beacon Roofing Supply (BECN) for $240,000. Subsequent to the Form 4 filing with the SEC, Best has 52,002 shares of company stock, which have a market value of $3.13 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 16 insider transactions reported to the SEC for Beacon Roofing Supply. These transactions came from the activities of 9 individual insiders that resulted in a net disposition of 2,931 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 4 insiders that resulted in the net acquisition of 25,920 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1124941/000156218021003361/xslF345X03/primarydocument.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.