Today, insiders filed 740 Form 4 reports with the SEC. There were 719 insiders reflected in these filings, representing activity in 300 companies. Individual transactions totaling over $1 million in market value occurred in 67 of these filings. There were 25 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 44 individual insiders with transactions that were greater than $1 million.
Within the S&P 500 index there were 178 individual filers from 59 companies reporting insider trades. This activity was noticeably higher than the average for the previous month and very much below that of last week. Insiders with high value transactions numbered 8, who traded 1,879,033 shares, having a market value of approximately $90,169,120, involved 6 companies, and came from discretionary sales of 1,879,033 shares.
Among the most significant insider transactions for the day:
Significant Insider buy of Revlon (REV) Shares Breaks neutral Trend of Last Quarter
Significant insider purchase activity was disclosed in Revlon shares in a form 4 document filed with the SEC today, showing — Ronald O Perelman, 10% Owner and Director — bought 950,000 shares in the company having a net market value of approximately $19,384,185. This is the first insider buy/sell trade in the past 90 days. The level of buy/sell trading at Revlon is is below the 16 peer company average over the last 90-day period. The Personal Products peer group saw 31 buy/sell trades during this period for an average of 1.9 transactions per company. However, the number of shares per buy/sell trade for Revlon is higher.
Within the peer group there were 522,542 shares purchased and 416,852 shares sold with company insiders having bought 4,595 shares on average. Significant insider buying and selling activity has been determined by eliminating 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 in data obtained in evaluating and writing this story.
Significant Insider Sales in Shares of VMware (VMW) Extends the Selling Trend of Last Quarter
There was significant selling of VMware shares today, as revealed in filings with the SEC. Four insiders — Dell Technologies Inc, Durban, SLP Denali Co-Invest, and Dell — disposed of 2,665,416 shares in the company having a market value of approximately $237,590,651. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the purchase of 1,461,514 company shares and the disposition of 16,662,367 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 17,866,269 shares and have averaged 1,889,936 shares per transaction over this time period.
Today’s Insider Activity
* Dell Technologies Inc, 10% Owner, sold 666,354 shares
* Egon Durban, Director, sold 666,354 shares
* SLP Denali Co-Invest Gp Llc, 10% Owner, sold 666,354 shares
* Michael S Dell, 10% Owner, Director and Officer, sold 666,354 shares
Another 23 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.