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Service Corp International (SCI) sees Significant Insider Selling Continuing

05/10/2021 18:29

10:20 PM EDT, 05/10/2021 (MT Newswires) -- There was a significant sale of shares of Service Corp International by an insider today, as revealed in a form 4 document filed with the SEC. One insider -- Clifton H Morris Jr, Director -- sold 178,699 shares in the company having a market value of approximately $9,994,635. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 48,022 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 226,721 shares and have averaged 113,361 shares per transaction over this time period.

Insiders at Service Corp International have a level of buy/sell trades that is above the 16-peer company average over the last 90-day period. The Personal Services peer group saw 3 buy/sell trades during this period for an average of 0.2 transactions per company. The number of shares per buy/sell trade for Service Corp International insiders was also higher. Within the peer group there were 5,000 shares purchased and 48,022 shares sold with company insiders disposing of 14,341 shares on average.

The data obtained in creating and writing in this story eliminates 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.

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.