Insiders filed 762 Form 4 reports with the SEC today. These transactions reflected activity in 274 companies and came from 732 insiders. Within this insider activity were 79 transactions which individually represented over $1 million in market value. There were 26 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 51 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 49 companies reporting insider trades involving 153 individual filers. This activity was very much below the average for the last month and near that of past week. High value transactions included in this activity came from 13 individuals in 8 companies, representing $37,085,035 in market value, and came from discretionary purchases of 570,000 shares and discretionary sales of 246,793 shares.
Among the most significant insider transactions for the day:
Insider Makes Significant Stock buy in International Flavors & Fragrances (IFF) Shares Extends the Trend of Last 90 Days
One insider — Winder Investment Pte Ltd, 10% Owner — today, purchased 70,000 shares of International Flavors & Fragrances having a market value of approximately $8,712,690, as disclosed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 140,000 company shares and the sale of 3,720 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 206,280 shares and have averaged 53,430 shares per transaction over this time period.
Relative to its peers over the last 90 days, insider buy/sell trading at International Flavors & Fragrances is above the 5-company peer group average. Food Ingredients peer group saw 4 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for International Flavors & Fragrances insiders was also higher. Within the peer group there were 140,000 shares purchased and 3,720 shares sold with company insiders having bought 45,427 shares on average. In order to focus on significant insider buying and selling activity, 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 has been eliminated data used to compose and write this story.
Another 25 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.