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Insider Trends: Selling By Insiders Lingers at World Fuel Services

05/11/2021 15:19

07:16 PM EDT, 05/11/2021 (MT Newswires) -- John L Manley, Director, sold 5,000 shares in World Fuel Services (INT) for $163,150 on May 07, 2021. Following the Form 4 filing with the SEC, Manley owns 36,964 shares of company stock, which have a market value of $1.20 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 20 insider transactions reported to the SEC for World Fuel Services. These transactions came from the activities of 8 separate insiders that resulted in a net disposition of 8,497 company shares. This compares with the preceding 90-day window of time where there were 6 transactions from 3 insiders that resulted in the net disposition of 108,900 shares.

This is a lower level of transactions than the peer group average in the 8-company Petroleum Product Wholesale peer group over the last 90-day period. Within the peer group activity averaged 36.3 transactions per company, and disposition of 57,785 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/789460/000120919121031868/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.