SPY422.11-2.37 -0.56%
DIA340.76-2.65 -0.77%
IXIC14,039.68-33.17 -0.24%

Insider Trends: Tennant Sees 90 Days of Insider Buying Trend Reducing with Share Sale

05/11/2021 10:07

01:59 PM EDT, 05/11/2021 (MT Newswires) -- David W Huml, Director and President & CEO, sold 4,995 shares in Tennant (TNC) for $431,178 on May 10, 2021. Following the Form 4 filing with the SEC, Huml has 19,854 shares of the company, which have a market value of $1.67 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 23 insider transactions reported to the SEC for Tennant. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 40,387 company shares. Relative to the preceding 90-day window of time, there were 17 transactions from 4 insiders that resulted in the net disposition of 18,984 shares.

This level of insider transactions is less than the peer group average in the 25-company Industrial Machinery peer group over the last 90-day period. Peer group activity averaged 118.4 transactions per company, with company insiders acquiring on average 68,842 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/97134/000117911021005137/xslF345X03/edgar.xml

[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.