Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at Arrow Electronics
09:27 AM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, David Alan West, President, Global Components, reported a sale of 1,073 shares in Arrow Electronics (ARW) for $125,595. West has control over 12,402 shares of the company of which 11,274 shares are controlled directly and 1,128 shares indirectly following the transactions delineated in the Form 4 SEC filing. These holdings have an approximate market value of $1.46 million as of the prior-day closing price.
In the 90 days prior to the date of this filing, there have been 35 insider transactions reported to the SEC for Arrow Electronics. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 112,530 company shares. This compares with the preceding 90-day window of time where there were 4 transactions from 4 insiders and resulted in the net disposition of 63,022 shares.
This level of insider transactions is lower than the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Activity in the peer group averaged 181.1 transactions per company, and disposition of 9,415 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/7536/000112760221016134/xslF345X03/form4.xml
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