Insider Trends: SunPower Insider Sale Scales Back 90-Days of Buys
09:02 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, EVP & CFO, Manavendra Sial, sold 11,116 shares in SunPower (SPWR) for $256,722. After the Form 4 filing with the SEC, Sial owns 92,862 shares of company stock, which have a market value of $1.99 million as of the prior-day closing price.
During the most recent 90-day period, previous to the date of this filing, there have been 26 insider transactions reported to the SEC for SunPower. These transactions came from the activities of 9 different insiders that resulted in a net acquisition of 105,737 company shares. Relative to the preceding 90-day window of time, there were 9 transactions from 4 insiders and resulted in the net acquisition of 141,282 shares.
This is a lower level of transactions than the peer group average in the 23-company Photovoltaic Solar Systems & Equipment peer group over the last 90-day period. Within the peer group activity averaged 76.6 transactions per company, and disposition of 8,671 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/867773/000089924321019171/xslF345X03/doc4.xml
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