Insider Trends: Murphy Oil Sees 90 Days of Insider Buying Trend Reducing with Share Sale
07:45 PM EDT, 05/11/2021 (MT Newswires) -- On May 11, 2021, SVP, Thomas J Mireles, executed a sale of 10,000 shares in Murphy Oil (MUR) for $194,100. Mireles, after the transactions described in the SEC Form 4 filing, owns 32,669 shares of the company, which have a market value of $662,854 as of the prior-day closing price.
Over the last 90 days, previous to the date of this filing, there have been 9 insider transactions reported to the SEC for Murphy Oil. These transactions came from the activities of 4 separate insiders that resulted in a net acquisition of 51,539 company shares. In the preceding 90-day window of time, there were 60 transactions from 22 insiders and resulted in the net acquisition of 594,190 shares.
This level of insider transactions is less than the peer group average in the 227-company Oil & Gas Exploration and Production peer group over the last 90-day period. Within the peer group activity averaged 55.9 transactions per company, and disposition of 35,216 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/717423/000112760221016284/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.