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

Insider Trends: EnerSys Insider Makes Shares Sale for Tax Slowing 90-Day Buy Trend

05/11/2021 13:53

05:47 PM EDT, 05/11/2021 (MT Newswires) -- Michael J Schmidtlein, EVP & CFO, reported a sale of 2,559 shares of EnerSys (ENS) for approximately $226,932 to satisfy tax obligations on May 09, 2021. Subsequent to the Form 4 filing with the SEC, Schmidtlein has 101,815 shares of the company, which have a market value of $9.03 million as of the prior-day closing price.

During the most recent 90-day period, prior to the date of this filing, there have been 21 insider transactions reported to the SEC for EnerSys. These transactions came from the activities of 14 different insiders that resulted in a net acquisition of 19,579 company shares. Relative to the preceding 90-day window of time, there were 22 transactions from 14 insiders and resulted in the net acquisition of 7,566 shares.

This level of insider transactions is below that of the peer group average in the 10-company Batteries & Uninterruptable Power supplies peer group over the last 90-day period. Activity in the peer group averaged 108.9 transactions per company, with company insiders acquiring on average 590,597 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1289308/000120919121031799/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.