Insider Selling: United Parcel Service Director Sells 1,343 Shares of Stock

cheryl

I started this.
Staff member
Insider Selling: United Parcel Service Director Sells 1,343 Shares of Stock -

United Parcel Service Director Ann Livermore sold 1,343 shares of United Parcel Service stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $101.88, for a total value of $136,824.84. Following the sale, the director now directly owns 27,604 shares of the company’s stock, valued at approximately $2,812,296. The sale was disclosed in a filing with the SEC.
 

Catatonic

Nine Lives
I'd be curious what her cost basis was and how much of a profit she made. Sounds like a smart financial decision to me.
Don't know that but her avarage cost basis was probably in the $55-65 range.

UPS is at at future looking P/E over 21. That is overvalued so if one is going to sell, this is the time.
The yield for UPS is down to 2.5% and that is very low for a stock positioned as UPS is.
​There are many better dividend yield stock out there.
 

oldngray

nowhere special
It looks like its just a little profit taking. Not a big issue other than she is an insider at UPS. She left 95% of her holdings alone.
 
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