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Insider Trends: Zions Bancorporation Insider Extends 90-Day Selling Trend

05/11/2021 13:18

05:17 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Bruce K Alexander, Exec VP and, reported a sale of 3,000 shares in Zions Bancorporation (ZION) for $179,415. Following the Form 4 filing with the SEC, Alexander owns 16,603 shares of company stock, which have a market value of $978,249 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 73 insider transactions reported to the SEC for Zions Bancorporation. These transactions came from the activities of 25 different insiders that resulted in a net disposition of 51,023 company shares. This compares with the preceding 90-day window of time where there were 56 transactions from 23 insiders which resulted in the net acquisition of 124,357 shares.

This level of insider transactions is below that of the peer group average in the 212-company Corporate Banks peer group over the last 90-day period. Peer group activity averaged 114.8 transactions per company, and disposition of 1,081 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/109380/000010938021000195/xslF345X03/wf-form4_162076768959675.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.