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Rocky Brands (RCKY) Insider Makes Significant Share Sale

05/11/2021 18:22

10:20 PM EDT, 05/11/2021 (MT Newswires) -- One Rocky Brands insider Mike Brooks, Director and Officer, today, sold 21,000 shares having a market value of approximately $1,361,855, as disclosed in a form 4 document filed with the SEC. 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 2,170 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 23,170 shares and have averaged 7,723 shares per transaction over this time period.

The number of insider buy/sell trades at Rocky Brands is less than that of the 4 peer company average over the last 90-day period. The Mens Footwear peer group saw 20 buy/sell trades during this period for an average of 5.0 transactions per company. This trading also represents a lower number of shares per transaction. Within the peer group there were 0 shares purchased and 206,784 shares sold with company insiders having sold 10,339 shares on average over this time period.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to compose 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.