May 18, 2016

Posted by in Stock Reports | 0 Comments

Insider Sells Are Telling Something: UnitedHealth Group Inc (NYSE:UNH), Facebook Inc (NASDAQ:FB), American Tower Corp (NYSE:AMT)

Insider Sells Are Telling Something: UnitedHealth Group Inc (NYSE:UNH), Facebook Inc (NASDAQ:FB), American Tower Corp (NYSE:AMT)

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.

UnitedHealth Group Inc (NYSE:UNH) saw an insider sell on May 13, 2016 that may make shareholders worried. BURKE RICHARD T, director, sold 25,000 shares at $129.30 a piece. The total sale came to $3,232,533, leaving the total count to 2,017,309 shares. Its shares currently owned by company management are 0.70% while institutional investors own about 90.40%. The 6-month change recorded in total insider ownership was -4.52%. On the other side, 0.22% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved Koum Jan, a director at Facebook Inc (NASDAQ:FB) sold 2,082,957 shares at $118.27 per share to trim the total holding at 31,709,174 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 69.60%. The 6-month change recorded in total insider ownership was -69.20%. On the other side, 0.13% change in total institutional ownership has been reported for the 3-month period.

American Tower Corp (NYSE:AMT) also received some insider trading action as Meyer Robert Joseph JR, who the company’s SVP, Finance & Corp Controller is sold some 15,601 shares at a price of $106.50 per share to the holding that now comprises of 24,299 shares. Its shares currently owned by company management are 0.20% while institutional investors own about 95.80%. The 6-month change recorded in total insider ownership was -22.80%. On the other side, -0.09% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

 

 

 

 

 

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