The SEC today reported 662 Form 4 filings. These filings involved 651 insiders and represented 271 companies. Of these individual transactions, 67 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 23, and within these companies there were 47 individual insiders surpassing the high value threshold.
There were 59 companies in the S&P 500 index representing 140 individuals reporting insider activity. This activity was perceptibly below the average for the 30 days and markedly beneath that of past 5 days. Included in this activity, were high value transactions reflecting 11 individuals in 7 companies, representing $43,158,419 in market value, and came from discretionary purchases of 80,000 shares and discretionary sales of 368,410 shares.
Among the most significant insider transactions for the day:
Insiders at Wayfair “W” Make Significant Stock Sales Extends the Trend of Last Quarter
There was significant selling of Wayfair shares today, as disclosed in filings with the SEC. Five insiders — Malone, Conine, Shah, Mulliken, and Oblak — disposed of 55,425 shares in the company having a market value of approximately $2,705,528. There have been 11 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 1,739,869 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,795,294 shares and have averaged 112,206 shares per transaction over this time period.
Today’s Insider Activity
* Nicholas Malone, Officer, sold 1,500 shares
* Steven Conine, 10% Owner, Director and Officer, sold 24,000 shares
* Niraj Shah, 10% Owner, Director and Officer, sold 24,000 shares
* John Champlin Mulliken, Officer, sold 5,700 shares
* Steve Oblak, Officer, sold 225 shares
Another 22 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.