Insider Trends: First Busey Insider Sale Scales Back 90-Days of Buys
04:01 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Director, Michael David Cassens, executed a sale of 10,600 shares in First Busey (BUSE) for $273,056. Cassens, after the transactions defined in the SEC Form 4 filing, owns 180,124 company shares, with a market value, based on the prior-day closing price, of $4.56 million.
There have been 34 insider transactions during the 90-day period prior to the date of this filing from the activities of 17 separate insiders all of which have been purchases and resulted in the acquisition of 83,575 company shares. Relative to the preceding 90-day window of time, there were 24 transactions from 17 insiders that resulted in the net acquisition of 13,795 shares.
This level of insider transactions is less than the peer group average in the 394-company Banks peer group over the last 90-day period. Peer group activity averaged 105.7 transactions per company, with company insiders acquiring on average 7,443 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/314489/000156761921009560/xslF345X03/doc1.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.