Insider Trends: Selling By Insiders Lingers at Kellogg

10:42AM ET 11/12/2019 MT Newswires
W K Kellogg Foundation Trust, 10% Owner, sold 100,000 shares in Kellogg (K) for $6,339,450 on Nov 11, 2019. W K Kellogg Foundation Trust, after the transactions described in the SEC Form 4 filing, has 63,031,838 company shares, with a market value, based on the prior-day closing price, of $4,001 million.

During the most recent 90-day period, previous to the date of this filing, there have been 13 insider transactions reported to the SEC for Kellogg. These transactions came from the activities of 5 separate insiders that resulted in a net acquisition of 4,164 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 2 insiders which resulted in the net disposition of 591,837 shares.

This is lower than the average level of insider transactions in the 45-company Food Processing peer group over the last 90-day period. Within the peer group activity averaged 82.7 transactions per company, and disposition of 35,040 shares on average.

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