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Insider Trends: Toll Brothers Insider Extends 90-Day Selling Trend

05/11/2021 03:57

07:52 AM EDT, 05/11/2021 (MT Newswires) -- Martin P Connor, CFO, on May 07, 2021, sold 2,000 shares in Toll Brothers (TOL) for $134,900. Subsequent to the Form 4 filing with the SEC, Connor owns 37,830 company shares, which have a market value of $2.53 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 24 insider transactions reported to the SEC for Toll Brothers. These transactions came from the activities of 5 separate insiders that resulted in a net disposition of 1,707,352 company shares. This compares with the preceding 90-day window of time where there were 32 transactions from 14 insiders which resulted in the net acquisition of 120,485 shares.

This is below the average for insider transactions in the 17-company Homebuilding peer group over the last 90-day period. Activity in the peer group averaged 111.2 transactions per company, and disposition of 5,129 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/794170/000112760221016129/xslF345X03/form4.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.