The SEC today recorded 324 Form 4 filings. This activity came from 315 insiders involving 143 companies. Of these individual transactions, 32 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 16, and within these companies there were 23 individual insiders surpassing the high value threshold.
Within the Russell 3000 index there were 268 individual filers from 116 companies reporting insider trades. This level of activity was markedly beneath the average for the month and substantially lower than that of prior week. High value transactions represented $224,452,925 in market value, reflected 16 individual filers from 12 companies, and came from discretionary purchases of 5,488,215 shares and discretionary sales of 3,287,526 shares.
Among the most significant insider transactions for the day:
Insider Makes Significant Stock buy in American Homes 4 Rent (AMH) Shares Extends the Trend of Last 90 Days
An insider — B Wayne Hughes Jr, Director — acquired 2,192,982 shares of American Homes 4 Rent having a market value of approximately $49,999,990 today, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 485,232 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 2,678,214 shares and have averaged 1,339,107 shares per transaction over this time period.
The number of buy-sell trades for American Homes 4 Rent is close to that of the 28 member peer company average. The Residential REITs peer group saw 68 buy/sell trades during this period for an average of 2.4 transactions per company. However, the number of shares per buy/sell trade transacted by American Homes 4 Rent insiders is higher. Within the peer group there were 624,677 shares purchased and 11,798,028 shares sold with company insiders disposing of 164,314 shares on average. The data sourced 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 14 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.