| Universal Display (OLED) sees Significant Insider Selling Continuing|
MT NEWSWIRES 12:50 PM ET 7/1/2021
Symbol Last Price Change
|OLED ||217.86 ||-4.47 (-2.0105%)|
|QUOTES AS OF 12:51:16 PM ET 07/01/2021 |
12:50 PM EDT, 07/01/2021 (MT Newswires) -- There was a substantial sale of shares of Universal Display(OLED) by an insider today, as disclosed in a form 4 document filed with the SEC. One insider -- Julia J Brown, Officer -- disposed of 22,007 shares in the company having a market value of approximately $4,951,575. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 10,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 32,007 shares and have averaged 16,004 shares per transaction over this time period.
Insiders at Universal Display(OLED) have a higher number of buy/sell trades than the 15-peer company average over the last 90-day period. The Integrated Circuits peer group saw 18 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Universal Display(OLED) insiders was also higher. Within the peer group there were 0 shares purchased and 180,941 shares sold with company insiders disposing of 10,052 shares on average.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated from data used to create and write this story.