The SEC saw 205 Form 4 filings recorded today. These transactions reflected activity in 123 companies and came from 180 insiders. Of these individual transactions, 29 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 12, and within these companies there were 20 individual insiders surpassing the high value threshold.
Within the Russell 3000 index there were 101 companies reporting insider trades which included 134 individuals. High value transactions represented $93,137,411 in market value and reflected 18 individual filers from 10 companies. This level of activity was markedly greater than the average for the preceding 5 days but very much below the average for the preceding 30 days, and came from discretionary purchases of 5,073,461 shares and discretionary sales of 467,643 shares.
Among the most significant insider transactions for the day:
Significant Insider Sales in Shares of Salesforce.com (CRM) Extends the Selling Trend of Last Quarter
SEC filings today revealed significant insider sales of Salesforce.com shares as two insiders — Marc Benioff, Director and Officer, and Cynthia G Robbins, Officer — disposed of 40,435 shares in the company having a market value of approximately $2,818,253. There have been 8 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the purchase of 4,146 company shares and the disposition of 687,414 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 723,703 shares and have averaged 73,200 shares per transaction over this time period.
Today’s Insider Activity
* Marc Benioff, Director and Officer, sold 37,500 shares
* Cynthia G Robbins, Officer, sold 2,935 shares
Another 10 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 email@example.com.