Today, insiders filed 1,121 Form 4 reports with the SEC. There were 1,095 insiders represented in these filings, involving activity in 351 companies. Of these individual transactions, 137 were filings that represented over $1 million in market value. There were 36 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 112 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 420 individuals from 101 companies reporting insider trades. This level of activity was very much lower than the average for the preceding 30 days and markedly higher than that of prior 5 days. High value transactions represented $515,677,191 in market value, reflected 36 individual filers from 14 companies, and came from discretionary purchases of 600,000 shares and discretionary sales of 6,318,210 shares.
Among the most significant insider transactions for the day:
Significant Insider Sales in Shares of Facebook (FB) Extends the Selling Trend of Last Quarter
There was substantial level of selling of Facebook shares today, as revealed in filings with the SEC. Five insiders — Desmond-Hellmann, Wehner, Stretch, Cox, and Koum — sold 769,221 shares in the company having a market value of approximately $102,582,920. There have been 4 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 348,749 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,117,970 shares and have averaged 124,219 shares per transaction over this time period.
Today’s Insider Activity
* Susan Desmond-Hellmann, Director, sold 625 shares
* David M Wehner, Officer, sold 6,584 shares
* Colin Stretch, Officer, sold 750 shares
* Christopher K Cox, Officer, sold 16,000 shares
* Jan Koum, Director, sold 745,262 shares
Another 35 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.