Insider Trends: Selling By Insiders Lingers at Discover Financial Services
05:55 PM EDT, 05/10/2021 (MT Newswires) -- Michael H Moskow, Director, executed a sale of 3,824 shares of Discover Financial Services (DFS) on May 06, 2021, for $443,469. Moskow, subsequent to the transactions detailed in the SEC Form 4 filing, owns 51,253 company shares, with a market value, based on the prior-day closing price, of $6.12 million.
Over the last 90 days, prior to the date of this filing, there have been 16 insider transactions reported to the SEC for Discover Financial Services. These transactions came from the activities of 15 different insiders that resulted in a net disposition of 21,393 company shares. Relative to the preceding 90-day window of time, there were 22 transactions from 11 insiders that resulted in the net disposition of 91,344 shares.
This level of insider transactions is below that of the peer group average in the 24-company Consumer Lending peer group over the last 90-day period. Activity in the peer group averaged 129.4 transactions per company, and disposition of 58,717 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1393612/000156761921009472/xslF345X03/doc1.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.