Form 4 insider trading reports reported to the SEC today disclosed 805 filings. This activity came from 778 insiders reflecting 293 companies. Within this insider activity were 93 transactions which individually represented over $1 million in market value. There were 35 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 65 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 67 companies reporting insider trades involving 194 individual filers. This level of activity was very much beneath the average for the past month and near that of previous week.
High value transactions had approximately $46,078,338 in market value, represented 20 individual filers from 13 companies, and came from:
- Discretionary purchases of 118,013 shares
- Option and derivative securities conversion of 128,400 shares
- Discretionary sales of 540,414 shares
Among the most significant insider transactions for the day:
Significant Insider purchase of International Flavors & Fragrances (IFF) Shares Extends the Buying Trend of Last Quarter
An insider — Winder Investment Pte Ltd, 10% Owner — acquired 118,013 shares of International Flavors & Fragrances having a market value of approximately $14,816,094 today, 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 acquisition of 280,000 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 394,293 shares and have averaged 100,433 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at International Flavors & Fragrances is above the 5-company peer group average. Food Ingredients peer group saw 6 buy/sell trades during this period for an average of 1.2 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 280,000 shares purchased and 3,720 shares sold with company insiders acquiring 92,093 shares on average. Insider buying and selling activity that is significant 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 creating and writing this story.
Another 33 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.
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