The SEC reported 853 Form 4 filings today. These transactions reflected activity in 303 companies and came from 835 insiders. Within this insider activity were 71 transactions which individually represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 25, and within these companies there were 51 individual insiders surpassing the high value threshold.
The S&P 500 index had 207 individuals from 72 companies reporting insider trades. This activity was very much above the average for the month and markedly greater than that of past week. Included in this activity, were high value transactions reflecting 13 individuals in 8 companies, representing $501,675,060 in market value, and came from discretionary purchases of 43,000 shares and discretionary sales of 3,442,962 shares.
Among the most significant insider transactions for the day:
Insider Sales at Facebook (FB) are Significant and Extend the Selling Trend of Last Quarter
Three insiders — David M Wehner, Officer, Colin Stretch, Officer, and Jan Koum, Director — disposed of 3,220,750 shares of Facebook having a market value of approximately $483,977,715, today, as reported in form 4 documents filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 1,552,192 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 4,772,942 shares and have averaged 596,618 shares per transaction over this time period.
Today’s Insider Activity
* David M Wehner, Officer, sold 20,000 shares
* Colin Stretch, Officer, sold 750 shares
* Jan Koum, Director, sold 3,200,000 shares
Another 24 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 email@example.com.