Continued Level of Significant Insider Selling at Invesco (IVZ)
10:20 PM EDT, 05/11/2021 (MT Newswires) -- There was a significant sale of shares of Invesco by an insider today, as revealed in a form 4 document filed with the SEC. One insider -- Colin Meadows, Officer -- sold 170,488 shares in the company having a market value of approximately $4,821,401. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 233,212 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 403,700 shares and have averaged 134,567 shares per transaction over this time period.
In relation to the peer group over the last 90 days, insider buy/sell trading at Invesco is greater than the 8-company peer group average. Wealth Management peer group saw 4 buy/sell trades during this period for an average of 0.5 transactions per company. The number of shares per buy/sell trade for Invesco insiders was also higher. Within the peer group there were 0 shares purchased and 343,206 shares sold with company insiders having sold 85,802 shares on average.
In order to focus on 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 from data obtained to create and write this story.
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