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Insiders Make Significant Stock Sales in Terex (TEX) Shares Extending the Trend of Last Quarter

05/10/2021 18:30

10:20 PM EDT, 05/10/2021 (MT Newswires) -- In SEC filings today Terex reported two insiders -- David A Sachs, Director, and John L Garrison Jr, Director and Officer -- disposed of 84,736 shares in the company having a market value of approximately $4,471,962. There have been 6 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 313,778 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 398,514 shares and have averaged 49,814 shares per transaction over this time period.

Today's Insider Activity

Relative to its peers over the last 90 days, insider buy/sell trading at Terex is higher than the 18-company peer group average. Heavy Machinery & Vehicles peer group saw 28 buy/sell trades during this period for an average of 1.6 transactions per company. The number of shares per buy/sell trade for Terex insiders was also higher. Within the peer group there were 417,944 shares purchased and 781,873 shares sold with company insiders having sold 12,997 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 compose and write this story.

[Disclaimer]
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.