Universal Display Corp OLED:NASDAQ

Last Price$171.92NASDAQ Previous Close - Last Trade as of 4:00PM ET 10/18/19

Today's Change-1.72(0.99%)
Bid (Size)$170.50 (1)
Ask (Size)$172.18 (2)
Day Low / High$169.28 - 174.08
Volume406.8 K

Insider Sale at Universal Display (OLED) Continues Selling Trend

10:17PM ET 9/10/2019 MT Newswires
There was a significant sale of shares of Universal Display by an insider today, as revealed in a form 4 document filed with the SEC. One insider -- Steven V Abramson, Director and Officer -- disposed of 31,182 shares in the company having a market value of approximately $6,922,884. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 177,801 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 208,983 shares and have averaged 29,855 shares per transaction over this time period.

The number of insider buy/sell trades at Universal Display is above the 15 peer company average over the last 90-day period. The Integrated Circuits peer group saw 17 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Universal Display insiders was also higher. Within the peer group there were 1,500 shares purchased and 280,496 shares sold with company insiders disposing of 16,412 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data used in evaluating and writing this story.