Insider Trends: Parker-Hannifin Insider Disposition Slows 90-Days of Buys
04:29 PM EDT, 05/11/2021 (MT Newswires) -- Andrew D Ross, VP, Pres-Fluid Connectors, reported a sale of 3,928 shares in Parker-Hannifin (PH) on May 07, 2021, for $1,257,117. Following the Form 4 filing with the SEC, Ross has control over a total of 15,712 shares of company stock, with 11,497 shares held directly and 4,215 controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $4.97 million.
During the most recent 90-day period, previous to the date of this filing, there have been 46 insider transactions reported to the SEC for Parker-Hannifin. These transactions came from the activities of 17 different insiders that resulted in a net acquisition of 40,843 company shares. Relative to the preceding 90-day window of time, there were 10 transactions from 6 insiders which 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. Peer group activity averaged 131.4 transactions per company, and disposition of 113,537 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/76334/000007633421000122/xslF345X03/edgar.xml
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