Form 4 insider trading reports recorded with the SEC today revealed 209 filings. These filings reflected 204 insiders and involved 89 companies. Of these individual transactions, 11 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 6, and within these companies there were 7 individual insiders surpassing the high value threshold.
There were 16 companies in the S&P 500 index representing 34 individuals reporting insider activity. This level of activity was markedly lower than the average for the 30 days and much below that of preceding 5 days. The S&P 500 index today, had 1 company reporting insider trading with a collective value of more than $1 million in market value and came from discretionary purchases of 97,342 shares.
Among the most significant insider transactions for the day:
Wells Fargo & Co (WFC) Insiders Make Significant Share purchases in turn-around from Selling in prior 90 day period
Two insiders — Stephen W Sanger, Director, and Timothy J Sloan, Director and Officer — bought 97,342 shares of Wells Fargo & Co having a market value of approximately $5,027,714 today, as shown in form 4 documents 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 7,252,151 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 7,154,809 shares and have averaged 1,837,373 shares per transaction over this time period.
Today’s Insider Activity
* Stephen W Sanger, Director, bought 58,342 shares
* Timothy J Sloan, Director and Officer, bought 39,000 shares
Another 5 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.