There were 1,067 Form 4 filings recorded today with the SEC. These filings reflected 1,052 insiders and involved 386 companies. Individual filings where there was more than $1 million in market value represented, occurred in 112 filings. Companies with aggregate market value transactions of over $1 million numbered 30, and within these companies there were 89 individual insiders surpassing the high value threshold.
The S&P 500 index saw 250 individuals from 74 companies reporting insider trades. This activity was very much higher than the average for the month and substantially higher than that of past week. This activity represented high value transactions having approximately $238,945,378 in market value, reflected 25 individual filers from 12 companies, and came from discretionary purchases of 18,115 shares and discretionary sales of 3,336,458 shares.
Among the most significant insider transactions for the day:
Insider at Microsoft (MSFT) Makes Significant Sale of Stock
A notable insider sale of the shares of Microsoft was revealed in a form 4 document filed with the SEC today, showing — William H Gates III, Director — sold 3,000,000 shares in the company having a market value of approximately $207,645,900. There have been 2 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 21,616,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 24,616,000 shares and have averaged 8,205,333 shares per transaction over this time period.
The number of insider buy/sell trades at Microsoft is greater than the 85 peer company average over the last 90-day period. The Software peer group saw 190 buy/sell trades during this period for an average of 2.2 transactions per company. The number of shares per buy/sell trade for Microsoft insiders was also higher. Within the peer group there were 4,448,333 shares purchased and 34,522,002 shares sold with company insiders disposing of 158,282 shares on average. The data obtained in creating and writing in this story eliminates 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.
Another 27 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.