Insider Trends: 90-Day Insider Buying Trend at Herc Holdings Interrupted with Sale of Shares
04:36 PM EDT, 05/10/2021 (MT Newswires) -- Lawrence Harris Silber, Director and President & CEO, sold 25,000 shares in Herc Holdings (HRI) for $2,759,000 on May 06, 2021. Subsequent to the Form 4 filing with the SEC, Silber owns 141,660 shares of the company, which have a market value of $16.0 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 30 insider transactions reported to the SEC for Herc Holdings. These transactions came from the activities of 7 individual insiders that resulted in a net acquisition of 48,663 company shares. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net disposition of 1,261 shares.
This is a lower level of transactions than the peer group average in the 8-company Industrial Equipment Rental peer group over the last 90-day period. Within the peer group activity averaged 149.9 transactions per company, and disposition of 908,190 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1364479/000112760221016064/xslF345X03/form4.xml
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