Form 4 insider trading reports recorded with the SEC today revealed 872 filings. There were 851 insiders reflected in these filings, representing activity in 318 companies. Individual transactions totaling over $1 million in market value occurred in 108 of these filings. There were 33 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 73 individual insiders with transactions that were greater than $1 million.
Within the S&P 500 index there were 178 individual filers from 59 companies reporting insider trades. This level of activity was substantially lower than the average for the month and very much below that of last week. Insiders with high value transactions numbered 10, who traded 198,521 shares, having a market value of approximately $26,497,989, involved 8 companies, and came from discretionary purchases of 70,000 shares and discretionary sales of 128,521 shares.
Among the most significant insider transactions for the day:
Insider Buying at Aralez Pharmaceuticals (ARLZ) is Significant
There were substantial insider purchases of Aralez Pharmaceuticals shares today, as shown in filings with the SEC as six insiders listed below, acquired 589,750 shares in the company having a net market value of approximately $1,440,710. This is the first insider buy/sell trade in the past 90 days.
Today’s Insider Activity
* Seth Rudnick, Director, bought 15,000 shares
* Kenneth B Lee, Director, bought 5,000 shares
* Adrian Adams, Director and Officer, bought 500,000 shares
* Andrew I Koven, Officer, bought 20,000 shares
* Arthur S Kirsch, Director, bought 45,000 shares
* James Patrick Tursi, Officer, bought 4,750 shares
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 firstname.lastname@example.org.