The SEC today reported 255 Form 4 filings. This activity came from 254 insiders involving 113 companies. Individual transactions totaling over $1 million in market value occurred in 32 of these filings. Companies with aggregate market value transactions of over $1 million numbered 13, and within these companies there were 19 individual insiders surpassing the high value threshold.
There were 23 companies in the S&P 500 index representing 63 individuals reporting insider activity. This activity was substantially below the average for the preceding month and near that of previous week. High value transactions represented in this activity came from 9 individuals in 5 companies, having approximately $14,237,565 in market value, and came from discretionary purchases of 19,053 shares and discretionary sales of 111,240 shares.
Among the most significant insider transactions for the day:
Significant Insider purchase Extends the buy Trend of Last 90 Days in Shares of International Flavors & Fragrances (IFF)
An insider — Winder Investment Pte Ltd, 10% Owner — bought 19,053 shares of International Flavors & Fragrances having a market value of approximately $2,584,094 today, as revealed in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 769,293 company shares and the sale of 2,975 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 785,371 shares and have averaged 197,830 shares per transaction over this time period.
International Flavors & Fragrances insider trading represents a level of buy/sell trades that is above for the 5 peer company average over the last 90-day period. The Food Ingredients peer group saw 14 buy/sell trades during this period for an average of 2.8 transactions per company. The number of shares per buy/sell trade for International Flavors & Fragrances insiders was also higher. Within the peer group there were 769,293 shares purchased and 2,975 shares sold with company insiders acquiring 255,439 shares on average. Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in composing and writing this story.
Another 12 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.