The SEC today recorded 698 Form 4 filings. This activity came from 680 insiders involving 253 companies. Of these individual transactions, 82 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 26, and within these companies there were 63 individual insiders surpassing the high value threshold.
The Russell 3000 index had 640 individuals from 223 companies reporting insider trades. This activity was markedly beneath the average for the month and substantially lower than that of prior week. Included in this activity, were high value transactions representing 49 individuals in 24 companies, involving $374,906,536 in market value, and came from discretionary purchases of 199,000 shares and discretionary sales of 20,834,516 shares.
Among the most significant insider transactions for the day:
Significant Insider Sales in Shares of Smart Sand (SND)
In SEC filings today Smart Sand reported two insiders — Jose Enrique Feliciano, 10% Owner and Director, and Clearlake Capital Partners, LLC, 10% Owner — disposed of 4,821,766 shares in the company having a market value of approximately $79,944,880. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 2,410,883 shares per transaction.
Today’s Insider Activity
* Jose Enrique Feliciano, 10% Owner and Director, sold 2,410,883 shares
* Clearlake Capital Partners, LLC, 10% Owner, sold 2,410,883 shares
Another 25 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.