Insider trading activity tracked by the SEC in Form 4 reports saw 770 filings today. This activity came from 755 insiders reflecting 272 companies. Within this insider activity were 38 transactions which individually represented over $1 million in market value. There were 11 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 29 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 112 individuals from 44 companies reporting insider trades. This level of activity was very much beneath the average for the month and near that of prior week. High value transactions represented $8,489,204 in market value, reflected 7 individual filers from 2 companies, and came from discretionary sales of 93,400 shares.
Among the most significant insider transactions for the day:
Insider Sales at Twitter (TWTR) at Significant level, Reverses the Buying Trend of Last Quarter
A substantial level of insider sales in Twitter was disclosed in form 4 documents filed with the SEC today. Two insiders — Vijaya Gadde, Officer, and Evan Clark Williams, Director — sold 288,300 shares in the company having a market value of approximately $4,242,051. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 425,998 company shares and the sale of 20,001 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 117,697 shares and have averaged 183,575 shares per transaction over this time period.
Today’s Insider Activity
* Vijaya Gadde, Officer, sold 15,000 shares
* Evan Clark Williams, Director, sold 273,300 shares
Another 9 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.