Significant Transactions for Wednesday, January 4, 2017

The SEC processed 1,774 Form 4 filings today. These transactions involved activity in 518 companies and came from 1,755 insiders. Individual transactions totaling over $1 million in market value occurred in 76 of these filings. There were 14 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 32 individual insiders with transactions that were greater than $1 million.

Within the Russell 3000 index there were 1,549 individuals filers from 455 companies reporting insider trades. Insiders with high value transactions numbered 12, who traded 1,299,531 shares, having a market value of approximately $38,106,122 and involved 12 companies. This activity was near the average for the past week and month, and came from discretionary purchases of 94,750 shares and discretionary sales of 838,102 shares.

Among the most significant insider transactions for the day:

Insider at Vector Group (VGR) Makes Significant Sale of Stock

There was a notable sale of shares of Vector Group by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Howard M Lorber, Director and Officer — disposed of 300,000 shares in the company having a market value of approximately $6,855,000. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 100,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 400,000 shares and have averaged 200,000 shares per transaction over this time period. During the last 90 days, the number of insider buy/sell trades at Vector Group is greater than the 9-company peer group average. Tobacco peer group saw 3 buy/sell trades during this period for an average of 0.3 transactions per company. The number of shares per buy/sell trade for Vector Group insiders was also higher. Within the peer group there were 3,000 shares purchased and 100,000 shares sold with company insiders having sold 32,333 shares on average. The data sourced in creating and writing in this story eliminates 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.

Another 13 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 info@uptickdata.com.

Copyright 2017 UpTick Data Technologies. All rights reserved.
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