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Last Price$149.70NASDAQ Previous Close - Last Trade as of 4:00PM ET 3/27/20

Today's Change-6.41(4.11%)
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Ask (Size)$150.87 (1)
Day Low / High$149.20 - 154.89
Volume16.8 K

Insider Trends: Philip Morris International Insider Disposes of Shares for Tax Slowing 90-Day Buy Trend

4:58PM ET 2/21/2020 MT Newswires
Paul Riley, Pres East Asia & Australia, reported a sale of 4,379 shares of Philip Morris International (PM) for approximately $382,900 to fulfill tax obligations on Feb 19, 2020. Riley, following the transactions defined in the Form 4 SEC filing, owns 42,483 shares of the company, which have a market value of $3.71 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 42 insider transactions reported to the SEC for Philip Morris International. These transactions came from the activities of 26 different insiders that resulted in a net acquisition of 251,833 company shares. In the preceding 90-day window of time, there was 1 transaction from 1 insider which culminated in the disposition of 11,000 shares.

This is a lower level of transactions than the peer group average in the 9-company Tobacco peer group over the last 90-day period. Peer group activity averaged 60.9 transactions per company, and disposition of 116,689 shares on average.

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