Insider Selling: MediaAlpha (NYSE:MAX) Major Shareholder Sells $15,989,500.00 in Stock
MarketBeat
MediaAlpha, Inc. (NYSE:MAX - Get Free Report) major shareholder Mountains Insurance Grou White sold 1,130,000 shares of MediaAlpha stock in a transaction on Wednesday, November 11th. The stock was sold at an average price of $14.15, for a total transaction of $15,989,500.00. Following the completion of the transaction, the insider directly owned 11,226,223 shares in the company, valued at approximately $158,851,055.45. The trade was a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NYSE:MAX
