The SEC today reported 169 Form 4 filings. There were 154 insiders reflected in these filings, representing activity in 92 companies. Individual filings where there was more than $1 million in market value represented, occurred in 14 filings. There were 4 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 14 individual insiders with transactions that were greater than $1 million.
Within the Russell 3000 index there were 71 companies reporting insider trades which included 112 individuals. Included in this activity, were high value transactions representing 2 individuals in 2 companies and involving $2,020,507 in market value. This level of activity was meaningfully lower than the average for the prior 5 days and 30 days, and came from discretionary sales of 19,265 shares.
Among the most significant insider transactions for the day:
Insiders Make Significant Stock Sales in Basic Energy Services (BAS) Shares Extending the Trend of Last Quarter
Three insiders — Capital Group, Lp Luxor, 10% Owner, Doug Rogers, Officer, and Eric Lannen, Officer — today, disposed of 507,080 shares of Basic Energy Services having a market value of approximately $18,331,693, as revealed in form 4 documents filed with the SEC. There have been 16 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 3,181,924 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 3,689,004 shares and have averaged 194,158 shares per transaction over this time period.
Today’s Insider Activity
* Luxor Capital Group Lp, 10% Owner, sold 497,784 shares
* Doug Rogers, Officer, sold 7,796 shares
* Eric Lannen, Officer, sold 1,500 shares
Another 2 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.