Form 4 insider trading reports processed with the SEC today disclosed 1,402 filings. There were 1,375 insiders reflected in these filings, representing activity in 408 companies. Within this insider activity were 120 transactions which individually represented over $1 million in market value. There were 28 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 62 individual insiders with transactions that were greater than $1 million.
The S&P 500 index saw 329 individuals from 89 companies reporting insider trades. This level of activity was very much below the average for the preceding month and markedly higher than that of past week. Included in this activity, were high value transactions that represented 18 individuals in 11 companies, involving $842,120,229 in market value, and came from discretionary purchases of 100,000 shares and discretionary sales of 11,578,263 shares.
Among the most significant insider transactions for the day:
Insiders Make Significant Stock Sales in Wal-Mart Stores (WMT) Shares Extending the Trend of Last Quarter
There was a notable level of insider selling revealed today in filings with the SEC for Wal-Mart Stores. Three insiders — Alice L Walton, 10% Owner, Jim C Walton, 10% Owner, and S Robson Walton, 10% Owner and Director — disposed of 11,002,029 shares in the company for approximately $792,049,191. 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 disposition of 13,158,361 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 24,160,390 shares and have averaged 3,451,484 shares per transaction over this time period.
Today’s Insider Activity
* Alice L Walton, 10% Owner, sold 3,667,343 shares
* Jim C Walton, 10% Owner, sold 3,667,343 shares
* S Robson Walton, 10% Owner and Director, sold 3,667,343 shares
Another 26 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.