Significant Insider Sales in Shares of MarineMax (HZO) Extends the Selling Trend of Last Quarter
10:20 PM EDT, 05/10/2021 (MT Newswires) -- Two insiders -- William H McGill Jr, Director and Officer, and W Brett McGill, Director and Officer -- today, disposed of 60,000 shares of MarineMax having a market value of approximately $3,833,533, as reported in form 4 documents filed with the SEC. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 212,645 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 272,645 shares and have averaged 30,294 shares per transaction over this time period.
Today's Insider Activity
Over the last 90 days, the number of insider buy/sell trades at MarineMax is greater than the 10-company peer group average. Recreational Products peer group saw 25 buy/sell trades during this period for an average of 2.5 transactions per company. The number of shares per buy/sell trade for MarineMax insiders was also higher. Within the peer group there were 0 shares purchased and 271,356 shares sold with company insiders disposing of 10,854 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated from data obtained to create and write this story.
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