Universal Display Corp OLED:NASDAQ

Last Price$213.15NASDAQ Closing Price as of 4:00PM ET 8/21/19

Today's Change+2.19(1.04%)
Bid (Size)$213.30 (1)
Ask (Size)$217.00 (1)
Day Low / High$212.50 - 214.97
Volume372.3 K

Universal Display (OLED) sees Significant Insider Sales Extending the Trend of Last Quarter

10:18PM ET 6/21/2019 MT Newswires
There was substantial level of selling of Universal Display shares by insiders today, as disclosed in form 4 documents filed with the SEC. Two insiders -- Sidney D Rosenblatt, Director and Officer, and Steven V Abramson, Director and Officer -- sold 63,930 shares in the company having a market value of approximately $11,572,217. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 51,820 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 115,750 shares and have averaged 19,292 shares per transaction over this time period.

Today's Insider Activity

During the last 90 days, the number of insider buy/sell trades at Universal Display is greater than the 15-company peer group average. Integrated Circuits peer group saw 22 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Universal Display insiders was also higher. Within the peer group there were 82,000 shares purchased and 95,759 shares sold with company insiders disposing of 625 shares on average.

The data used in creating and writing in this story eliminates 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.