Form 4 insider trading reports processed with the SEC today disclosed 591 filings. There were 579 insiders reflected in these filings, representing activity in 233 companies. Of these individual transactions, 50 were filings that represented over $1 million in market value. There were 25 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 38 individual insiders with transactions that were greater than $1 million.
Within the S&P 500 index there were 109 individual filers from 49 companies reporting insider trades. This level of activity was near the average for the last 30 days and near that of past 5 days. Insiders with high value transactions numbered 14, who traded 273,060 shares, having a market value of approximately $36,576,404, involved 9 companies, and came from discretionary purchases of 97,632 shares and discretionary sales of 175,428 shares.
Among the most significant insider transactions for the day:
Significant Insider purchase of International Flavors & Fragrances (IFF) Shares Extends the Buying Trend of Last Quarter
There was noteworthy buying activity in International Flavors & Fragrances shares by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Winder Investment Pte Ltd, 10% Owner — purchased 40,000 shares in the company having a market value of approximately $5,559,728. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 874,193 company shares and the disposition 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 911,218 shares and have averaged 229,292 shares per transaction over this time period.
International Flavors & Fragrances level of buy-sell trading activity is close to the 5 member peer company average. The Food Ingredients peer group saw 18 buy/sell trades during this period for an average of 3.6 transactions per company. However, the number of shares per buy/sell trade transacted by International Flavors & Fragrances insiders is higher. Within the peer group there were 874,193 shares purchased and 2,975 shares sold with company insiders purchasing 290,406 shares on average. In order to focus on significant insider buying and selling activity, 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 has been eliminated data sourced 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.