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Insider Trends: Huntington Bancshares Sees 90 Days of Insider Buying Trend Scaling Back with Share Disposition

05/10/2021 12:24

04:21 PM EDT, 05/10/2021 (MT Newswires) -- Mark E Thompson, Senior EVP of Principal Sub., sold 131,185 shares of Huntington Bancshares (HBAN) on May 07, 2021, for $2,066,164. Following the Form 4 filing with the SEC, Thompson controls a total of 436,581 shares of the company, with 418,222 shares held directly and 18,359 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $6.90 million.

During the most recent 90-day period, previous to the date of this filing, there have been 97 insider transactions reported to the SEC for Huntington Bancshares. These transactions came from the activities of 26 separate insiders that resulted in a net acquisition of 597,422 company shares. Relative to the preceding 90-day window of time, there were 7 transactions from 6 insiders and resulted in the net disposition of 76,628 shares.

This is less than the average level of insider transactions in the 394-company Banks peer group over the last 90-day period. Activity in the peer group 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/49196/000122520821007868/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.