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Insider Trends: Prestige Consumer Healthcare Insider Receives Stock Award Sells Portion for Taxes, Slowing 90-Day Buy Trend

05/11/2021 12:15

04:06 PM EDT, 05/11/2021 (MT Newswires) -- William P'Pool, Officer, awarded 1,862 shares in Prestige Consumer Healthcare (PBH) and sold 2,698 shares concurrently to meet tax obligations on May 07, 2021. After accounting for tax obligations this transaction resulted in a net disposition of 836 company shares. Subsequent to the Form 4 filing with the SEC, P'Pool has 15,854 shares of company stock, which have a market value of $742,443 as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 24 insider transactions reported to the SEC for Prestige Consumer Healthcare. These transactions came from the activities of 7 separate insiders that resulted in a net acquisition of 20,332 company shares. This compares with the preceding 90-day window of time where there was 1 transaction from 1 insider that culminated in the disposition of 2,532 shares.

This level of insider transactions is below that of the peer group average in the 13-company Drug Retailers peer group over the last 90-day period. Peer group activity averaged 106.3 transactions per company, with company insiders acquiring on average 154,820 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1295947/000110465921064515/xslF345X03/tm2115936-3_4seq1.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.