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Insider Trends: Insider Prolongs 90-Day Selling Trend at Virtus Investment Partners

05/10/2021 13:41

05:29 PM EDT, 05/10/2021 (MT Newswires) -- William Patrick Bradley III, EVP, Fund Services, on May 07, 2021, sold 1,000 shares in Virtus Investment Partners (VRTS) for $278,250. Bradley, subsequent to the transactions disclosed in the SEC Form 4 filing, has 14,075 company shares, with a market value, based on the prior-day closing price, of $3.88 million.

Over the last 90 days, prior to the date of this filing, there have been 15 insider transactions reported to the SEC for Virtus Investment Partners. These transactions came from the activities of 8 different insiders that resulted in a net disposition of 1,078 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This is lower than the average level of insider transactions in the 33-company Investment Management peer group over the last 90-day period. Activity in the peer group averaged 107.1 transactions per company, and disposition of 47,106 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/883237/000088323721000138/xslF345X03/wf-form4_162068202196819.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.