SPY421.97-0.14 -0.03%
DIA338.65-2.11 -0.62%
IXIC14,161.35+121.67 0.87%

Insider Trends: Insider Disposition Scales Back 90-Day Buy Trend at Xylem

05/11/2021 15:05

06:50 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Director, Jeanne Beliveau-Dunn, sold 1,435 shares in Xylem (XYL) for $173,007. Beliveau-Dunn, after the transactions delineated in the SEC Form 4 filing, has 5,004 shares of the company, with a market value, based on the prior-day closing price, of $599,479.

In the 90 days prior to the date of this filing, there have been 29 insider transactions reported to the SEC for Xylem. These transactions came from the activities of 11 different insiders that resulted in a net acquisition of 19,946 company shares. This compares with the preceding 90-day window of time where there were 7 transactions from 3 insiders and resulted in the net disposition of 7,863 shares.

This level of insider transactions is less than the peer group average in the 9-company Pump & Pumping Equipment peer group over the last 90-day period. Within the peer group activity averaged 198.4 transactions per company, with company insiders acquiring on average 284,667 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1524472/000120919121031850/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.