SPY414.92-5.67 -1.35%
DIA332.96-5.20 -1.54%
IXIC14,030.38-130.97 -0.92%

Insider Trends: Primo Water Insider Receives Stock Award, Buy Trend Intact

05/11/2021 13:04

05:04 PM EDT, 05/11/2021 (MT Newswires) -- Susan E Cates, Director, May 07, 2021, was awarded 7,092 Primo Water (PRMW) shares which translated into approximately $117,874 based on the daily closing price. Cates, following the transactions designated in the Form 4 SEC filing, owns 39,607 shares of the company, which have a market value of $658,297 as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 40 insider transactions reported to the SEC for Primo Water. These transactions came from the activities of 12 individual insiders that resulted in a net acquisition of 425,791 company shares. In the preceding 90-day window of time, there were 27 transactions from 10 insiders which resulted in the net acquisition of 72,196 shares.

This is a lower level of transactions than the peer group average in the 5-company Bottled Water & Ice peer group over the last 90-day period. Peer group activity averaged 55.2 transactions per company, and disposition of 63,490 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/884713/000120919121031743/xslF345X03/doc4.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.