Form 4 insider trading reports recorded with the SEC today disclosed 425 filings. These filings represented 417 insiders and reflected 168 companies. Of these individual transactions, 33 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 22, and within these companies there were 31 individual insiders surpassing the high value threshold.
The S&P 500 index had 85 individuals from 27 companies reporting insider trades. This level of activity was materially beneath the average for the 30 days and close to that of preceding 5 days. This activity included high value transactions representing $12,007,020 in market value, involved 4 individual filers from 4 companies, and came from discretionary purchases of 40,000 shares and discretionary sales of 41,445 shares.
Among the most significant insider transactions for the day:
Greenbrier Companies (GBX) Insider Make Significant Share Sale
There was a substantial sale of shares of Greenbrier Companies by an insider today, as indicated in a form 4 document filed with the SEC. One insider — William A Furman, Director and Officer — sold 132,152 shares in the company having a market value of approximately $5,880,292. There have been 3 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 20,976 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 153,128 shares and have averaged 38,282 shares per transaction over this time period.
Insiders at Greenbrier Companies have a level of buy/sell trades that is above the 4-peer company average over the last 90-day period. The Locomotive Engines & Rolling Stock peer group saw 6 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for Greenbrier Companies insiders was also higher. Within the peer group there were 0 shares purchased and 41,201 shares sold with company insiders disposing of 6,867 shares on average. For the purpose of evaluating significant insider buying and selling all 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 obtained to compose and write this story.
Another 21 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.