The SEC saw 395 Form 4 filings recorded today. These transactions reflected activity in 184 companies and came from 389 insiders. Individual filings where there was more than $1 million in market value represented, occurred in 36 filings. Companies with aggregate market value transactions of over $1 million numbered 16, and within these companies there were 28 individuals insiders surpassing the high value threshold.
Within the Russell 3000 index there were 152 companies reporting insider trades which included 318 individuals. This activity included high value transactions representing $27,209,536 in market value and involved 20 individual filers from 14 companies. This activity was above the average for the past week, and close to average the average for the last month. and came from discretionary purchases of 94,197 shares and discretionary sales of 829,020 shares. The Russell 1000 index had 95 individuals from 41 companies reporting insider trades. High value transactions represented $8,573,680 in market value and reflected 4 individual filers from 4 companies. This level of activity was greater than the average for the prior week, and near average the average for the prior month. and came from discretionary sales of 120,077 shares.
Among the most significant insider transactions for the day:
12/1/2016 10:00:02 PM Significant Insider Selling Continues at Rockwell Automation (ROK)
A Rockwell Automation insider Keith D Nosbusch Director, today, disposed of 20,000 shares having a market value of approximately $2,668,221, as indicated in a form 4 document filed with the SEC. There have been 2 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 50,455 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 70,455 shares and have averaged 23,485 shares per transaction over this time period. During the last 90 days, the number of insider buy/sell trades at Rockwell Automation is above the 31-company peer group average. Electrical Components & Equipment peer group saw 26 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Rockwell Automation insiders was also higher. Within the peer group there were 102,386 shares purchased and 106,508 shares sold with company insiders having sold 159 shares on average. To bring into focus significant insider buying and selling activity, 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 has been eliminated in data used to compose and write this story.
Another 14 companies had significant insider transactions based on UpTick Data Technologies’ analysis. Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends. For more information, contact UpTick at firstname.lastname@example.org.