Significant Transactions for Friday, December 23, 2016

There were 193 Form 4 filings processed today with the SEC. These transactions involved activity in 117 companies and came from 189 insiders. Individual transactions totaling over $1 million in market value occurred in 14 of these filings. There were 3 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 11 individual insiders with transactions that were greater than $1 million.

Within the Russell 3000 index there were 147 individuals filers from 99 companies reporting insider trades. This activity included high value transactions representing $6,872,720 in market value and involved 11 individual filers from 3 companies. This activity was substantially beneath the average for the last week and month, and came from discretionary sales of 236,985 shares.

Among the most significant insider transactions for the day:

Insiders at Ciena (CIEN) Make Significant Stock Sales Extends the Trend of Last Quarter

There was a notable level of insider selling reported today in filings with the SEC for Ciena. Nine insiders listed below, sold 229,485 shares in the company for approximately $5,661,395. There have been 6 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 88,444 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 317,929 shares and have averaged 21,195 shares per transaction over this time period.

Today’s Insider Activity

* Gary B Smith, Director and Officer, sold 114,318 shares
* Stephen B Alexander, Officer, sold 16,409 shares
* Andrew C Petrik, Officer, sold 3,669 shares
* Judith M O’Brien, Director, sold 3,428 shares
* James E Moylan Jr, Officer, sold 27,392 shares
* James Frodsham, Officer, sold 17,015 shares
* David M Rothenstein, Officer, sold 16,973 shares
* Francois Locoh-Donou, Officer, sold 26,743 shares
* Marcus H Starke, Officer, sold 3,538 shares

Another company 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 info@uptickdata.com.

Copyright 2016 UpTick Data Technologies. All rights reserved.

 

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