There were 306 Form 4 filings processed today with the SEC. These transactions involved activity in 126 companies and came from 305 insiders. Individual transactions totaling over $1 million in market value occurred in 21 of these filings. There were 8 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 16 individual insiders with transactions that were greater than $1 million.
Within the Russell 3000 index there were 250 individual filers from 93 companies reporting insider trades. This level of activity was markedly lower than the average for the month and meaningfully below that of last week. Included in this activity, were high value transactions that involved 11 individuals in 5 companies, reflecting $15,421,848 in market value, and came from discretionary sales of 870,047 shares.
Among the most significant insider transactions for the day:
Insider Sales at e.l.f. Beauty (ELF) are Significant
Three insiders — Scott Milsten, Officer, Tarang Amin, Director and Officer, and John P Bailey, Officer — today, disposed of 1,091,012 shares of e.l.f. Beauty having a market value of approximately $28,205,388, as reported in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 363,671 shares per transaction.
Today’s Insider Activity
* Scott Milsten, Officer, sold 136,260 shares
* Tarang Amin, Director and Officer, sold 592,752 shares
* John P Bailey, Officer, sold 362,000 shares
Another 6 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.