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Insider Trends: Invesco Insider Sale Interrupting 90-Day Buy Trend

05/10/2021 12:28

04:25 PM EDT, 05/10/2021 (MT Newswires) -- On May 07, 2021, Senior Managing Director, Colin Meadows, reported a sale of 170,488 shares in Invesco (IVZ) for $4,821,401. Following the Form 4 filing with the SEC, Meadows owns 183,147 shares of the company, which have a market value of $5.20 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 31 insider transactions reported to the SEC for Invesco. These transactions came from the activities of 20 individual insiders that resulted in a net acquisition of 217,470 company shares. In the preceding 90-day window of time, there were 9 transactions from 10 insiders that resulted in the net acquisition of 3,139,107 shares.

This represents a lower level of transactions than the peer group average in the 8-company Wealth Management peer group over the last 90-day period. Activity in the peer group averaged 90.3 transactions per company, and disposition of 26,548 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/914208/000120919121031233/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.