Insider Trends: 90-Day Insider Buying Trend Reduced with Disposition of Parker-Hannifin Shares
04:25 PM EDT, 05/11/2021 (MT Newswires) -- Thomas C Gentile, VP-Global Supply Chain, reported a sale of 2,071 shares in Parker-Hannifin (PH) on May 07, 2021, for $662,755. Following the Form 4 filing with the SEC, Gentile has control over 3,955 shares of company stock of which 2,970 shares are held directly and 985 are controlled indirectly. These holdings have an approximate market value of $1,251,046 as of the prior-day closing price.
In the 90 days previous to the date of this filing, there have been 44 insider transactions reported to the SEC for Parker-Hannifin. These transactions came from the activities of 16 different insiders that resulted in a net acquisition of 46,401 company shares. In the preceding 90-day window of time, there were 10 transactions from 6 insiders that resulted in the net disposition of 1,180 shares.
This level of transactions is below that of the peer group average in the 51-company Industrial Machinery & Equipment peer group over the last 90-day period. Within the peer group activity averaged 131.3 transactions per company, and disposition of 113,535 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/76334/000007633421000118/xslF345X03/edgar.xml
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