Apr 12, 2016

Posted by in Stock Reports | 0 Comments

Stocks Seeing Recent Insider Sells: EOG Resources Inc (NYSE:EOG), Zayo Group Holdings Inc (NYSE:ZAYO), Parsley Energy Inc (NYSE:PE)

Stocks Seeing Recent Insider Sells: EOG Resources Inc (NYSE:EOG), Zayo Group Holdings Inc (NYSE:ZAYO), Parsley Energy Inc (NYSE:PE)

Insider trading is defined as a practice wherein trade of a company’s securities is undertaken by people who by virtue of their work have access to the otherwise non public information which can be crucial for making investment decisions.

In order to be able to use insider transactions to help you invest more wisely, you need to know the importance of the dollar value of the insider transactions you are watching. Continual purchases over the span of a few weeks tend to mean the insider is trying to buy in a big way. Also, keep things in perspective by understanding how much of an increase or decrease in the amount of shares owned will occur because of this transaction. The proportionate sizes of the transaction are extremely important.

EOG Resources Inc (NYSE:EOG) saw an insider sell on Apr 08, 2016 that may make shareholders worried. WISNER FRANK G, director, sold 4,914 shares at $73.27 a piece. The total sale came to $360,049, leaving the total count to 118,694 shares. Its shares currently owned by company management are 0.40% while institutional investors own about 90.10%. The 6-month change recorded in total insider ownership was -2.26%. On the other side, 0.08% change in total institutional ownership has been reported for the 3-month period.

Moving on to the second insider trade which involved Erickson Matthew, a See Remarks at Zayo Group Holdings Inc (NYSE:ZAYO) sold 28,800 shares at $27.46 per share to trim the total holding at 887,146 shares. Its shares currently owned by company management are 4.60% while institutional investors own about 86.90%. The 6-month change recorded in total insider ownership was -10.09%. On the other side, 1.49% change in total institutional ownership has been reported for the 3-month period.

Parsley Energy Inc (NYSE:PE) also received some insider trading action as Hinson Mike, who the company’s Vice President-Land is sold some 25,000 shares at a price of $22.71 per share to the holding that now comprises of 846,653 shares. Its shares currently owned by company management are 10.60% while institutional investors own about 91.40%. The 6-month change recorded in total insider ownership was -4.08%. On the other side, 0.05% change in total institutional ownership has been reported for the 3-month period.

 

 

 

 

 

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