The SEC today reported 634 Form 4 filings. These transactions represented activity in 299 companies and came from 622 insiders. Individual filings where there was more than $1 million in market value represented, occurred in 84 filings. Companies with aggregate market value transactions of over $1 million numbered 33, and within these companies there were 59 individual insiders surpassing the high value threshold.
Within the S&P 500 index there were 132 individual filers from 58 companies reporting insider trades. This activity was substantially beneath the average for the 30 days and noticeably beneath that of previous 5 days. High value transactions represented $32,523,429 in market value, reflected 8 individual filers from 6 companies, and came from discretionary purchases of 70,000 shares and discretionary sales of 332,637 shares.
Among the most significant insider transactions for the day:
International Flavors & Fragrances (IFF) sees Significant Insider buy Extending Trend of purchases over Last Quarter
There was noteworthy buying activity in International Flavors & Fragrances shares by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Winder Investment Pte Ltd, 10% Owner — acquired 70,000 shares in the company having a market value of approximately $8,655,318. 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 210,000 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 276,280 shares and have averaged 70,930 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at International Flavors & Fragrances is greater than the 5-company peer group average. Food Ingredients peer group saw 5 buy/sell trades during this period for an average of 1.0 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 210,000 shares purchased and 3,720 shares sold with company insiders acquiring 68,760 shares on average. The data sourced in evaluating and writing in this story eliminates 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.
Another 32 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 email@example.com.