The SEC saw 305 Form 4 filings reported today. These filings represented 302 insiders and reflected 110 companies. Individual filings where there was more than $1 million in market value represented, occurred in 42 filings. There were 12 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 SP500 index had 70 individuals from 25 companies reporting insider trades. This level of activity was substantially below the average for the prior 30 days and near that of past 5 days. High value transactions had approximately $9,818,504 in market value, represented 3 individual filers from 3 companies, and came from discretionary purchases of 36,500 shares and discretionary sales of 55,029 shares.
Among the most significant insider transactions for the day:
Significant Insider Sales in Shares of Coupa Software (COUP)
A notable level of insider sales in Coupa Software was reported in form 4 documents filed with the SEC today. Eight insiders listed below, disposed of 5,452,173 shares in the company having a market value of approximately $131,124,761. 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 681,522 shares per transaction.
Today’s Insider Activity
* EL Dorado Ventures VII L P, 10% Owner, sold 1,041,266 shares
* Veenendaal Frank Van, Director, sold 15,000 shares
* MDV IX LP, 10% Owner, sold 1,000,000 shares
* Charles Beeler, Director, sold 1,100,000 shares
* Robert Bernshteyn, Director and Officer, sold 406,823 shares
* Michael Scott Irwin, 10% Owner, sold 1,041,266 shares
* Leslie C.G. Campbell, Director, sold 18,133 shares
* BRV Partners, L.L.C., 10% Owner, sold 829,685 shares
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 firstname.lastname@example.org.