Insider Trends: Selling By Insiders Lingers at Acuity Brands
04:25 PM EDT, 05/10/2021 (MT Newswires) -- Barry R Goldman, SVP & General Counsel, on May 07, 2021, sold 1,300 shares in Acuity Brands (AYI) for $247,000. Subsequent to the Form 4 filing with the SEC, Goldman has 5,437 shares of the company, which have a market value of $1.04 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 3 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 462 company shares by insiders. This compares with the preceding 90-day window of time where there were 4 transactions from 4 insiders which resulted in the net acquisition of 4,090 shares.
This is lower than the average level of insider transactions in the 10-company Lighting Fixtures peer group over the last 90-day period. Activity in the peer group averaged 69.6 transactions per company, with company insiders acquiring on average 75,135 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1144215/000114421521000045/xslF345X03/wf-form4_162067784019315.xml
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