Insiders filed 292 Form 4 reports with the SEC today. These transactions represented activity in 135 companies and came from 278 insiders. Of these individual transactions, 37 were filings that represented over $1 million in market value. There were 12 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 25 individual insiders with transactions that were greater than $1 million.
Activity within the S&P 500 index was centered around 29 companies with 58 individuals reporting insider trades. This activity was very much below the average for the month and substantially below that of previous week. This activity included high value transactions representing $7,717,380 in market value, involved 3 individual filers from 3 companies, and came from discretionary sales of 85,499 shares.
Among the most significant insider transactions for the day:
Continued Level of Significant Insider Selling at Accenture (ACN)
There was a substantial sale of shares of Accenture by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Pierre Nanterme, Director and Officer — disposed of 39,499 shares in the company having a market value of approximately $4,769,560. There have been 7 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 53,089 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 92,588 shares and have averaged 11,574 shares per transaction over this time period. The number of insider buy/sell trades at Accenture is higher than that of the 141 peer company average over the last 90-day period.
The IT Services & Consulting peer group saw 235 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by Accenture insiders is lower than its peers. Within the peer group there were 4,687,979 shares purchased and 11,476,812 shares sold with company insiders disposing of 28,889 shares on average over this time period. The data used in composing 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 11 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.