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Insider Trends: Insider at Ametek Sells Shares for Tax Slowing 90-Day Buy Trend

05/11/2021 16:33

08:20 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, John Wesley Hardin, Pres. - Electronic Instruments, completed a sale of 1,059 Ametek (AME) shares for approximately $145,178 to meet tax obligations. Hardin, after the transactions detailed in the SEC Form 4 filing, has 54,648 shares of company stock, with a market value, based on the prior-day closing price, of $7.49 million.

In the 90 days prior to the date of this filing, there have been 52 insider transactions reported to the SEC for Ametek. These transactions came from the activities of 16 different insiders that resulted in a net acquisition of 68,183 company shares. Relative to the preceding 90-day window of time, there were 42 transactions from 10 insiders that resulted in the net disposition of 9,009 shares.

This level of transactions is below that of the peer group average in the 49-company Electrical Components & Equipment peer group over the last 90-day period. Peer group activity averaged 92.6 transactions per company, and disposition of 78,241 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1037868/000112760221016287/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.