The SEC processed 338 Form 4 filings today. There were 334 insiders involved in these filings, reflecting activity in 146 companies. Within this insider activity were 37 transactions which individually represented over $1 million in market value. There were 10 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 16 individual insiders with transactions that were greater than $1 million. Activity within the Russell 1000 Value index was centered around 30 companies with 83 individuals reporting insider trades. Included in this activity, were high value transactions involving 3 individuals in 2 companies and reflecting $3,950,665 in market value. This activity was close to the average for the last 5 days and 30 days, and came from discretionary sales of 64,350 shares.
Among the most significant insider transactions for the day:
Insider at Hudson Pacific Properties (HPP) Makes Significant Sale of Stock
A Hudson Pacific Properties insider today, disposed of 1,165,922 shares having a market value of approximately $40,807,270, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 1,165,918 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 2,331,840 shares and have averaged 1,165,920 shares per transaction over this time period. Hudson Pacific Properties insider trading represents a higher number of buy/sell trades than for the 15 peer company average over the last 90-day period. The Office REITs peer group saw 17 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Hudson Pacific Properties insiders was also higher. Within the peer group there were 381,636 shares purchased and 1,186,918 shares sold with company insiders disposing of 47,370 shares on average. The data obtained in evaluating 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 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.