Today there were 1,225 Form 4 filings reported by the SEC. This activity came from 1,195 insiders involving 354 companies. Individual filings where there was more than $1 million in market value represented, occurred in 155 filings. Companies with aggregate market value transactions of over $1 million numbered 28, and within these companies there were 101 individual insiders surpassing the high value threshold.
The Russell 3000 index had 315 companies reporting insider trades involving 1,092 individual filers. This activity was markedly beneath the average for the month and substantially lower than that of previous week. Included in this activity, were high value transactions that reflects 47 individuals in 25 companies, representing $368,845,665 in market value, and came from discretionary purchases of 2,694,572 shares and discretionary sales of 9,904,465 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 — Craig Federighi, Officer — disposed of 70,627 shares in the company having a market value of approximately $9,555,833. 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 disposition of 274,365 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 344,992 shares and have averaged 49,285 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 19-company peer group average. The Computer Hardware peer group saw 33 buy/sell trades during this period for an average of 1.7 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 0 shares purchased and 23,420,114 shares sold with company insiders selling 709,700 shares on average over this time period. 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 used in evaluating and writing this story.
Another 30 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.