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Insider Trends: Insider 90-Day Selling Trend Extended at Elevate Credit

05/11/2021 14:35

06:24 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, 10% Owner, Linda Stinson, executed a sale of 61,029 shares in Elevate Credit (ELVT) for $209,220. Stinson has control over 3,521,166 company shares of which 2,702,275 shares are controlled directly and 818,891 shares indirectly subsequent to the transactions designated in the SEC Form 4 filing. These holdings have an approximate market value of $12.01 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 48 insider transactions reported to the SEC for Elevate Credit. These transactions came from the activities of 8 different insiders that resulted in a net disposition of 4,229,536 company shares. In the preceding 90-day window of time, there were 10 transactions from 5 insiders that resulted in the net acquisition of 131,532 shares.

This is less than the average level of insider transactions in the 24-company Consumer Lending peer group over the last 90-day period. Within the peer group activity averaged 129.6 transactions per company, and disposition of 58,728 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1651094/000106299321004405/xslF345X03/form4.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.