There were 296 Form 4 filings recorded today with the SEC. These filings involved 288 insiders and represented 151 companies. Individual filings where there was more than $1 million in market value represented, occurred in 25 filings. Companies with aggregate market value transactions of over $1 million numbered 9, and within these companies there were 15 individual insiders surpassing the high value threshold.
There were 131 companies in the Russell 3000 index representing 252 individuals reporting insider activity. This activity represented high value transactions having approximately $18,487,141 in market value and reflected 12 individual filers from 8 companies. This level of activity was significantly below the average for the past week and month, and came from discretionary sales of 611,613 shares.
Among the most significant insider transactions for the day:
Significant Insider buy of Aquinox Pharmaceuticals (AQXP) Shares Breaks neutral Trend of Last Quarter
An insider — Baker Bros Advisors LP, 10% Owner — purchased 398,062 shares of Aquinox Pharmaceuticals having a market value of approximately $6,836,813 today, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days. The level of buy-sell trading at Aquinox Pharmaceuticals is near the 100 member peer company average. The Pharmaceuticals peer group saw 93 buy/sell trades during this period for an average of 0.9 transactions per company. However, the number of shares per buy/sell trade transacted by Aquinox Pharmaceuticals insiders is higher. Within the peer group there were 1,114,442 shares purchased and 6,078,430 shares sold with company insiders disposing of 53,376 shares on average. To bring into focus significant insider buying and selling activity, 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 has been eliminated in data obtained to compose and write this story.
Another 7 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.