Today there were 317 Form 4 filings reported by the SEC. There were 316 insiders represented in these filings, involving activity in 124 companies. Individual filings where there was more than $1 million in market value represented, occurred in 34 filings. Companies with aggregate market value transactions of over $1 million numbered 7, and within these companies there were 10 individual insiders surpassing the high value threshold.
There were 110 companies in the Russell 3000 index representing 287 individuals reporting insider activity. This activity was markedly beneath the average for the month and substantially lower than that of last week. Included in this activity, were high value transactions that represented 8 individuals in 6 companies, involving $53,671,723 in market value, and came from discretionary purchases of 210,100 shares and discretionary sales of 97,853 shares.
Among the most significant insider transactions for the day:
Insider buy at Alliance Data System (ADS) is Significant Breaks Selling Trend of Last Quarter
An Alliance Data System insider One insider — Holdings, L.P. Valueact, 10% Owner — today, bought 210,100 shares having a market value of approximately $47,975,852, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 238 company shares and the sale of 1,290 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 209,048 shares and have averaged 70,543 shares per transaction over this time period.
The number of insider buy/sell trades at Alliance Data System is higher than that of the 62 peer company average over the last 90-day period. The Business Support Services peer group saw 91 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares traded per transaction by Alliance Data System insiders is lower than its peers. Within the peer group there were 150,335 shares purchased and 7,449,693 shares sold with company insiders having sold 80,213 shares on average over this time period. The data used 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 5 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.