Jun 2, 2016

Posted by in Stock Reports | 0 Comments

3 stocks where insider selling activity has occurred: Apple Inc. (NASDAQ:AAPL), CME Group Inc (NASDAQ:CME), Dollar Tree, Inc. (NASDAQ:DLTR)

3 stocks where insider selling activity has occurred: Apple Inc. (NASDAQ:AAPL), CME Group Inc (NASDAQ:CME), Dollar Tree, Inc. (NASDAQ:DLTR)

Insider Trading is the buying or selling of a security by someone who has access to material, nonpublic information about the security. Insider trading is legal once the material information has been made public, at which time the insider has no direct advantage over other investors. The SEC, however, still requires all insiders to report all their transactions. So, as insiders have an insight into the workings of their company, it may be wise for an investor to look at these reports to see how insiders are legally trading their stock.

It isn’t a coincidence that corporate executives seem to always buy and sell at the right times. After all, the CEOs and CFOs of the world have access to every bit of company information you could ever want. This kind of information is extremely valuable to individual investors. For example, if insiders are buying shares in their own companies, they usually know something that normal investors do not. They might buy because they see great potential, a merger, acquisition or simply because they think their stock is undervalued.

Apple Inc. (NASDAQ:AAPL) saw an insider sell on May 17, 2016 that may make Riccio Daniel J., Senior Vice President, sold 50,000 shares at $99.44 a piece. The total sale came to $4,972,000, leaving the total count to 24,000 shares. Its shares currently owned by company management are 0.10% while institutional investors own about 58.70%. The 6-month change recorded in total insider ownership was -13.59%. On the other side, -2.16% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved TAYLOR KIMBERLY S, a CoSr MD Pres Gl Ops Tech & Risk at CME Group Inc (NASDAQ:CME) sold 2,300 shares at $98.62 per share to trim the total holding at 108,389 shares. Its shares currently owned by company management are 0.20% while institutional investors own about 79.50%. The 6-month change recorded in total insider ownership was -3.89%. On the other side, -1.05% change in total institutional ownership has been reported for the 3-month period.

Dollar Tree, Inc. (NASDAQ:DLTR) also received some insider trading action as Witynski Michael A., who the company’s Chief Operating Officer is sold some 4,964 shares at a price of $90.68 per share to the holding that now comprises of 6,535 shares. Its shares currently owned by company management are 0.90% while institutional investors own about 97.80%. The 6-month change recorded in total insider ownership was -9.95%. On the other side, -1.35% change in total institutional ownership has been reported for the 3-month period.

 

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