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Insider Trends: Insider at Zagg Awarded Shares and Buys Stock Lengthening 90-Day Buy Trend

4:22PM ET 4/17/2020 MT Newswires
On Apr 15, 2020, Edward Terino, Director, was awarded 27,046 shares of Zagg (ZAGG) and purchased 57,046 shares in the company for $103,518. Terino controls 57,046 shares of the company of which 30,000 shares are owned directly and 27,046 shares indirectly following the transactions disclosed in the Form 4 SEC filing. These holdings have an approximate market value of $176,814 as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 2 insider transactions reported to the SEC for Zagg. These transactions came from the activities of 2 different insiders that resulted in a net acquisition of 24,278 company shares. This compares with the preceding 90-day window of time where there were 10 transactions from 7 insiders and resulted in the net acquisition of 129,051 shares.

This is less than the average level of insider transactions in the 10-company Household Electronics peer group over the last 90-day period. Within the peer group activity averaged 71.6 transactions per company, with company insiders acquiring on average 62,822 shares.

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