Significant Transactions for Wednesday, February 1, 2017

Form 4 insider trading reports processed with the SEC today disclosed 654 filings. These transactions reflected activity in 219 companies and came from 646 insiders. Individual transactions totaling over $1 million in market value occurred in 65 of these filings. There were 15 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 35 individual insiders with transactions that were greater than $1 million.

The Russell 3000 index saw 563 individuals from 190 companies reporting insider trades. This activity was substantially lower than the average for the 30 days and very much below that of past 5 days. Included in this activity, were high value transactions that represented 22 individuals in 13 companies, involving $205,435,729 in market value, and came from discretionary purchases of 50,000 shares and discretionary sales of 2,734,938 shares.

Among the most significant insider transactions for the day:

Continued Level of Significant Insider Selling at Apple (AAPL)

A substantial insider sale of the shares of Apple was disclosed in a form 4 document filed with the SEC today, showing — Timothy D Cook, Director and Officer — disposed of 40,000 shares in the company having a market value of approximately $4,976,100. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 516,880 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 556,880 shares and have averaged 92,813 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Apple is higher than its 17-company peer group average. 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 23,622,643 shares sold with company insiders selling 787,088 shares on average over this time period. In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to evaluate and write this story.

Insider Sales at Alphabet (GOOG) are Significant and Extend the Selling Trend of Last Quarter

Alphabet, today, saw two insiders — Ann Mather, Director, and Lawrence Page, 10% Owner, Director and Officer — dispose 16,688 shares having a market value of approximately $13,416,241, as disclosed in form 4 documents filed with the SEC. There have been 6 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 501,815 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 518,503 shares and have averaged 64,813 shares per transaction over this time period.

Today’s Insider Activity
* Ann Mather, Director, sold 22 shares
* Lawrence Page, 10% Owner, Director and Officer, sold 16,666 shares

Insider Sale at Microsoft (MSFT) Continues Selling Trend

A filing with the SEC today revealed a significant insider sale of Microsoft shares as — William H Gates III, Director — disposed of 2,000,000 shares in the company having a market value of approximately $130,224,800. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 50,083 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,050,083 shares and have averaged 683,361 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Microsoft is above the 75-company peer group average. Software peer group saw 126 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for Microsoft insiders was also higher. Within the peer group there were 645,557 shares purchased and 2,407,233 shares sold with company insiders disposing of 13,982 shares on average. The data obtained in composing 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 12 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.
This entry was posted in Uncategorized and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s