The SEC saw 304 Form 4 filings recorded today. These filings represented 286 insiders and reflected 130 companies. Individual filings where there was more than $1 million in market value represented, occurred in 52 filings. There were 10 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 12 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 26 companies reporting insider trades involving 53 individual filers. This activity was substantially lower than the average for the 30 days and very much beneath that of prior 5 days. Included in this activity, was 1 high value transaction reflecting 1 individual in 1 company and representing $20,961,186 in market value. and came from discretionary sales of 420,063 shares.
Among the most significant insider transactions for the day:
Activision Buzzard (ATVI) Insider Make Significant Share Sale
One Activision Buzzard insider Brian G Kelly, Director, today, sold 420,063 shares having a market value of approximately $20,961,186, 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 sales resulting in the sale of 53,621 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 473,684 shares and have averaged 157,895 shares per transaction over this time period. During the last 90 days, the number of insider buy/sell trades at Activision Buzzard is less than the 8-company peer group average.
Toys & Juvenile Products peer group saw 30 buy/sell trades during this period for an average of 3.8 transactions per company. However, the number of shares per buy/sell trade for Activision Buzzard is higher. Within the peer group there were 170,973 shares purchased and 197,706 shares sold with company insiders having sold 891 shares on average. For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to create and write this story.
Another 10 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.