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Insider Trends: ChannelAdvisor Insider Extends 90-Day Selling Trend

05/11/2021 13:29

05:26 PM EDT, 05/11/2021 (MT Newswires) -- On May 11, 2021, Janet Raye Cowell, Director, reported a sale of 20,000 shares in ChannelAdvisor (ECOM) for $457,000. Cowell, after the transactions defined in the SEC Form 4 filing, owns 40,829 shares of the company, which have a market value of $923,144 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 16 insider transactions reported to the SEC for ChannelAdvisor. These transactions came from the activities of 6 separate insiders that resulted in a net disposition of 1,924 company shares. This compares with the preceding 90-day window of time where there were 4 transactions from 1 insider that resulted in the disposition of 255,000 shares.

This is lower than the average level of insider transactions in the 71-company Enterprise Software peer group over the last 90-day period. Activity in the peer group averaged 189.9 transactions per company, and disposition of 83,772 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1169652/000116965221000069/xslF345X03/wf-form4_162076825953585.xml

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