The SEC today reported 658 Form 4 filings. This activity came from 645 insiders involving 300 companies. Of these individual transactions, 80 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 22, and within these companies there were 40 individual insiders surpassing the high value threshold.
There were 61 companies in the S&P 500 index representing 150 individuals reporting insider activity. This activity was substantially higher than the average for the month and markedly greater than that of last week. High value transactions had approximately $680,596,803 in market value, represented 11 individual filers from 8 companies, and came from discretionary purchases of 1,270,000 shares and discretionary sales of 9,105,428 shares.
Among the most significant insider transactions for the day:
Significant Insider Buying Reported in Shares of Valeant Pharmaceuticals International (VRX) Reversing the Selling Trend of Last Quarter
Three insiders — Richard U DeSchutter, Director, Paul Herendeen, Officer, and ValueAct Holdings LP, Director — purchased 3,034,000 shares of Valeant Pharmaceuticals International having a market value of approximately $32,830,280 today, as reflected in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 5,000 company shares and the sale of 18,114,432 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 15,075,432 shares and have averaged 4,230,686 shares per transaction over this time period.
Today’s Insider Activity
* Richard U DeSchutter, Director, bought 10,000 shares
* Paul Herendeen, Officer, bought 24,000 shares
* ValueAct Holdings LP, Director, bought 3,000,000 shares
Another 21 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.
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