SPY425.10+2.50 0.59%
DIA341.98+3.20 0.94%
IXIC14,369.71+97.98 0.69%

Insider Trends: Insider Sales Add to 90-Day Trend at Lear Corp

05/12/2021 05:56

09:45 AM EDT, 05/12/2021 (MT Newswires) -- On May 11, 2021, Director, Jonathan F Foster, executed a sale of 2,700 shares in Lear Corp (LEA) for $507,105. Foster, following the transactions delineated in the Form 4 SEC filing, has 6,926 company shares, with a market value, based on the prior-day closing price, of $1.29 million.

In the 90 days prior to the date of this filing, there have been 3 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 41,500 company shares by insiders. In the preceding 90-day window of time, there were 30 transactions from 8 insiders which resulted in the net acquisition of 17,927 shares.

This level of insider transactions is lower than the peer group average in the 36-company Auto, Truck & Motorcycle Parts peer group over the last 90-day period. Activity in the peer group averaged 104.7 transactions per company, and disposition of 46,098 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/842162/000120919121031956/xslF345X03/doc4.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.