Today there were 348 Form 4 filings reported by the SEC. This activity came from 342 insiders representing 137 companies. Individual transactions totaling over $1 million in market value occurred in 35 of these filings. Companies with aggregate market value transactions of over $1 million numbered 17, and within these companies there were 24 individual insiders surpassing the high value threshold.
The S&P 500 index had 21 companies reporting insider trades involving 38 individual filers. This level of activity was very much lower than the average for the 30 days and markedly lower than that of last 5 days. Included in this activity, were high value transactions that reflects 3 individuals in 3 companies, representing $55,730,395 in market value, and came from option and derivative security conversion of 113,574 shares and discretionary sales of 391,329 shares.
Among the most significant insider transactions for the day:
Insider Makes Significant Stock buy in Altisource Portfolio Solutions (ASPS) Shares Extends the Trend of Last 90 Days
One insider — Deer Park Road Management Company, LP, 10% Owner — today, acquired 43,404 shares of Altisource Portfolio Solutions having a market value of approximately $1,221,823, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 34,858 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 78,262 shares and have averaged 26,087 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Altisource Portfolio Solutions is higher than its 20-company peer group average. The Real Estate Services peer group saw 45 buy/sell trades during this period for an average of 2.3 transactions per company. However, the number of shares traded per transaction by Altisource Portfolio Solutions insiders is lower than its peers. Within the peer group there were 54,762 shares purchased and 1,418,851 shares sold with company insiders disposing of 30,313 shares on average over this time period. The data used in evaluating 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 16 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.