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Insider Sale at Curtiss-Wright (CW) Continues Selling Trend

05/11/2021 18:32

10:20 PM EDT, 05/11/2021 (MT Newswires) -- A SEC filing today indicated a notable insider sale of Curtiss-Wright shares as -- Tom P Quinly, Officer -- disposed of 8,000 shares in the company having a market value of approximately $1,057,600. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 6,335 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 14,335 shares and have averaged 3,584 shares per transaction over this time period.

The number of insider buy/sell trades at Curtiss-Wright is higher than that of the 15 peer company average over the last 90-day period. The Aircraft Parts Manufacturing peer group saw 15 buy/sell trades during this period for an average of 1.0 transactions per company. However, the number of shares traded per transaction by Curtiss-Wright insiders is lower than its peers. Within the peer group there were 1 shares purchased and 94,335 shares sold with company insiders having sold 6,289 shares on average over this time period.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data sourced to evaluate and write this story.

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.