The number of Form 4 filings recorded with the SEC today, was 819. These filings involved 794 insiders and represented 335 companies. Within this insider activity were 62 transactions which individually represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 21, and within these companies there were 49 individual insiders surpassing the high value threshold.
There were 52 companies in the S&P 500 index representing 143 individuals reporting insider activity. This activity was markedly below the average for the 30 days and markedly beneath that of preceding 5 days. High value transactions included in this activity came from 12 individuals in 8 companies, representing $55,114,391 in market value, and came from discretionary sales of 482,565 shares.
Among the most significant insider transactions for the day:
Continued Level of Significant Insider Selling at Advanced Micro Devices (AMD)
One insider — Development Co Pjsc Mubadala, 10% Owner and Director — today, disposed of 45,000,000 shares of Advanced Micro Devices having a market value of approximately $613,350,000, as disclosed in a form 4 document filed with the SEC. There have been 2 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 120,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 45,120,000 shares and have averaged 15,040,000 shares per transaction over this time period.
The level of buy-sell trading at Advanced Micro Devices is near the 79 member peer company average. The Semiconductors peer group saw 208 buy/sell trades during this period for an average of 2.6 transactions per company. However, the number of shares per buy/sell trade transacted by Advanced Micro Devices insiders is higher. Within the peer group there were 225,512 shares purchased and 4,826,956 shares sold with company insiders disposing of 22,122 shares on average. 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 composing and writing this story.
Another 20 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.