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Insider Trends: Raymond James Financial Insider Extends 90-Day Selling Trend

05/11/2021 13:11

05:09 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Steven M Raney, President & CEO Rjbank, reported a sale of 2,000 shares in Raymond James Financial (RJF) for $271,598. Raney controls 34,734 company shares of which 32,900 shares are owned directly and 1,834 shares indirectly subsequent to the transactions disclosed in the SEC Form 4 filing. These holdings have an approximate market value of $4.69 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 14 insider transactions reported to the SEC for Raymond James Financial. These transactions came from the activities of 11 separate insiders that resulted in a net disposition of 112,487 company shares. This compares with the preceding 90-day window of time where there were 122 transactions from 16 insiders and resulted in the net disposition of 150,341 shares.

This is a lower level of transactions than the peer group average in the 15-company Investment Banking & Brokerage Services peer group over the last 90-day period. Activity in the peer group averaged 184.9 transactions per company, and disposition of 568,669 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/720005/000122520821007970/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.