Insider trading activity processed with the SEC today revealed 423 Form 4 filings. These transactions reflected activity in 150 companies and came from 414 insiders. Individual transactions totaling over $1 million in market value occurred in 29 of these filings. There were 10 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.
Activity within the Russell 3000 index was centered around 130 companies with 375 individuals reporting insider trades. This activity was substantially above the average for the past 30 days and very much beneath that of past 5 days. Insiders with high value transactions numbered 12, who traded 18,170,752 shares, having a market value of approximately $227,121,309, involved 9 companies, and came from discretionary purchases of 17,571,401 shares and discretionary sales of 599,351 shares.
Among the most significant insider transactions for the day:
Apple (AAPL) Insider Make Significant Share Sale
There was a notable sale of shares of Apple by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Timothy D Cook, Director and Officer — sold 30,000 shares in the company having a market value of approximately $3,604,100. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 533,973 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 563,973 shares and have averaged 80,568 shares per transaction over this time period.
The number of insider buy/sell trades at Apple is greater than that of the 17 peer company average over the last 90-day period. The Computer Hardware peer group saw 30 buy/sell trades during this period for an average of 1.8 transactions per company. However, the number of shares traded per transaction by Apple insiders is lower than its peers. Within the peer group there were 10,000 shares purchased and 23,639,736 shares sold with company insiders having sold 787,658 shares on average over this time period. In order to focus on 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 data sourced to evaluate and write this story.
Insider Makes Significant Stock buy in Federal-Mogul Holdings (FDML) Shares Breaks neutral Trend of Last 90 Days
An insider — Carl C Icahn, 10% Owner — acquired 16,766,401 shares of Federal-Mogul Holdings having a market value of approximately $167,664,010 today, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
Relative to its peers over the last 90 days, insider buy/sell trading at Federal-Mogul Holdings is above the 29-company peer group average. Auto, Truck & Motorcycle Parts peer group saw 12 buy/sell trades during this period for an average of 0.4 transactions per company. The number of shares per buy/sell trade for Federal-Mogul Holdings insiders was also higher. Within the peer group there were 0 shares purchased and 4,097,138 shares sold with company insiders having sold 341,428 shares on average. Significant insider buying and selling activity has been determined by eliminating 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 in data sourced in composing and writing this story.
Another 8 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.