Today, insiders filed 495 Form 4 reports with the SEC. These filings represented 490 insiders and reflected 286 companies. Within this insider activity were 95 transactions which individually represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 28, and within these companies there were 48 individual insiders surpassing the high value threshold.
There were 63 companies in the Russell 1000 Value index representing 117 individuals reporting insider activity. Insiders with high value transactions numbered 8, who traded 282,023 shares, having a market value of approximately $12,375,051 and involved 6 companies. This activity was substantially beneath the average for the past week and month, and came from discretionary sales of 282,023 shares. Activity within the Russell 3000 index was centered around 258 companies with 448 individuals reporting insider trades. This activity included high value transactions representing $182,181,274 in market value and involved 38 individual filers from 25 companies. This activity was very much below the average for the preceding 5 days and 30 days, and came from discretionary purchases of 247,885 shares and discretionary sales of 6,656,679 shares.
Among the most significant insider transactions for the day:
Insider Sales at Q2 Holdings (QTWO) Extends the Selling Trend of Last Quarter
There was substantial level of selling of Q2 Holdings shares by insiders today, as revealed in form 4 documents filed with the SEC. Four insiders — Doyle, ADAMS STREET PARTNERS LLC, Schaper, and Diehl — disposed of 500,281 shares in the company having a market value of approximately $15,508,924. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 154,908 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 655,189 shares and have averaged 81,899 shares per transaction over this time period.
Today’s Insider Activity
* Charles T Doyle, Director, sold 26 shares
* ADAMS STREET PARTNERS LLC, 10% Owner, sold 250,000 shares
* Carl James Schaper, Director, sold 255 shares
* Jeffrey T Diehl, 10% Owner and Director, sold 250,000 shares
Another 27 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.