Today, insiders filed 1,788 Form 4 reports with the SEC. There were 1,737 insiders reflected in these filings, representing activity in 495 companies. Individual filings where there was more than $1 million in market value represented, occurred in 71 filings. There were 15 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 35 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 103 companies reporting insider trades involving 448 individual filers. This activity was substantially beneath the average for the month and near that of past week. This activity reflected high value transactions with approximately $12,805,505 in market value, included 11 individual filers from 5 companies, and came from discretionary sales of 161,083 shares.
Among the most significant insider transactions for the day:
Significant Insider Sales in Shares of Electronic Arts (EA) Extends the Selling Trend of Last Quarter
There was substantial level of selling of Electronic Arts shares today, as revealed in filings with the SEC. Four insiders — Linzner, Moore, Soderlund, and Wilson — sold 30,000 shares in the company having a market value of approximately $2,679,423. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 118,600 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 148,600 shares and have averaged 13,509 shares per transaction over this time period.
Today’s Insider Activity
* Joel Linzner, Officer, sold 4,000 shares
* Peter R Moore, Officer, sold 10,000 shares
* Patrick Soderlund, Officer, sold 8,000 shares
* Andrew Wilson, Director and Officer, sold 8,000 shares
Another 13 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.