Insider trading activity processed with the SEC today disclosed 296 Form 4 filings. There were 285 insiders reflected in these filings, representing activity in 148 companies. Within this insider activity were 52 transactions which individually represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 26, and within these companies there were 41 individual insiders surpassing the high value threshold.
The S&P 500 index had 28 companies reporting insider trades involving 62 individual filers. This level of activity was near the average for the last 30 days and materially higher than that of last 5 days. Insiders with high value transactions numbered 9, who traded 558,936 shares, having a market value of approximately $29,992,062, involved 7 companies, and came from discretionary purchases of 81,300 shares and discretionary sales of 477,636 shares.
Among the most significant insider transactions for the day:
Significant Insider purchase of Mattel (MAT) Shares Extends the Buying Trend of Last Quarter
There was a significant insider purchase in Mattel shares today as disclosed in a filing with the SEC. One insider — Dean A Scarborough, Director — bought 47,000 shares in the company having a net market value of approximately $1,031,462. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 19,220 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 66,220 shares and have averaged 22,073 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Mattel is above the 7-company peer group average. Toys & Juvenile Products peer group saw 10 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Mattel insiders was also higher. Within the peer group there were 170,973 shares purchased and 25,485 shares sold with company insiders having bought 24,248 shares on average. In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to compose and write this story.
Another 25 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.