May 6, 2016

Posted by in Stock Reports | 0 Comments

Significant Insider Selling Activity: Align Technology, Inc. (NASDAQ:ALGN), Trimble Navigation Limited (NASDAQ:TRM), TreeHouse Foods Inc. (NYSE:THS)

Significant Insider Selling Activity: Align Technology, Inc. (NASDAQ:ALGN), Trimble Navigation Limited (NASDAQ:TRM), TreeHouse Foods Inc. (NYSE:THS)

As a general rule, insider buying shows management’s confidence in the company, and is considered a bullish sign—in other words a sign that stock prices are likely to go up. Conversely, insider selling is considered bearish—those in the know may be off loading their stocks in an expectation that prices will soon fall. So it pays to keep an eye on the activities of insiders.

Studies have shown that prompt and timely dissemination of insider transactions are profitable for investors, as insiders tend to beat the market. The odds in favor of an insider purchase being followed by further purchases are three times greater than the odds of a purchase followed by a sale.

Align Technology, Inc. (NASDAQ:ALGN) saw an insider sell on May 05, 2016 that may make shareholders worried. GEORGE ROGER E, VP, Legal Affairs & GC, sold 27,311 shares at $75.00 a piece. The total sale came to $2,048,328, leaving the total count to 675 shares. Its shares currently owned by company management are 0.50% while institutional investors own about 91.10%. The 6-month change recorded in total insider ownership was -27.96%. On the other side, 0.02% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved BERGLUND STEVEN W, a President & CEO at Trimble Navigation Limited (NASDAQ:TRM) sold 100,000 shares at $23.53 per share to trim the total holding at 64,901 shares. Its shares currently owned by company management are 0.10% while institutional investors own about 94.40%. The 6-month change recorded in total insider ownership was -56.94%. On the other side, -0.06% change in total institutional ownership has been reported for the 3-month period.

TreeHouse Foods Inc. (NYSE:THS) also received some insider trading action as Kahler Erik Thomas, who the company’s Sr VP-Corporate Development is sold some 5,700 shares at a price of $90.00 per share to the holding that now comprises of 19,546 shares. Its shares currently owned by company management are 0.30% while institutional investors own about 85.10%. The 6-month change recorded in total insider ownership was -16.81%. On the other side, 1.44% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

 

 

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