Form 4 insider trading reports processed with the SEC today disclosed 776 filings. There were 757 insiders involved in these filings, reflecting activity in 271 companies. Within this insider activity were 106 transactions which individually represented over $1 million in market value. There were 24 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 58 individual insiders with transactions that were greater than $1 million.
The S&P 500 index saw 266 individuals from 74 companies reporting insider trades. This level of activity was markedly below the average for the month and discernibly lower than that of preceding week. Insiders with high value transactions numbered 10, who traded 365,793 shares, having a market value of approximately $52,177,764, involved 7 companies, and came from discretionary sales of 332,461 shares.
Among the most significant insider transactions for the day:
Monolithic Power Systems (MPWR) Insiders Make Significant Share Sales Extending the Trend of Last Quarter
There was a significant level of insider selling revealed today in filings with the SEC for Monolithic Power Systems. Three insiders — Michael Hsing, Director and Officer, Saria Tseng, Officer, and Maurice Sciammas, Officer — sold 192,012 shares in the company for approximately $16,847,077. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 32,595 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 224,607 shares and have averaged 28,076 shares per transaction over this time period.
Today’s Insider Activity
* Michael Hsing, Director and Officer, sold 155,610 shares
* Saria Tseng, Officer, sold 18,201 shares
* Maurice Sciammas, Officer, sold 18,201 shares
Another 22 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.