Today, insiders filed 563 Form 4 reports with the SEC. There were 560 insiders represented in these filings, involving activity in 279 companies. Of these individual transactions, 74 were filings that represented over $1 million in market value. There were 29 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 43 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 108 individuals from 46 companies reporting insider trades. This level of activity was much beneath the average for the preceding month and near that of prior week. High value transactions represented $55,334,115 in market value, reflected 7 individual filers from 6 companies, and came from discretionary purchases of 174,967 shares and discretionary sales of 414,866 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
There was substantial 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 $8,841,441. 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 398,013 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 464,293 shares and have averaged 117,933 shares per transaction over this time period.
Insider buy/sell trading at International Flavors & Fragrances is above the 5 peer company average over the last 90-day period. The Food Ingredients peer group saw 8 buy/sell trades during this period for an average of 1.6 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 398,013 shares purchased and 3,720 shares sold with company insiders acquiring 131,431 shares on average. The data obtained in creating 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 27 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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