Significant Transactions for Monday, May 15, 2017

Today there were 694 Form 4 filings processed by the SEC. There were 680 insiders represented in these filings, involving activity in 305 companies. Individual filings where there was more than $1 million in market value represented, occurred in 57 filings. Companies with aggregate market value transactions of over $1 million numbered 27, and within these companies there were 40 individual insiders surpassing the high value threshold.

The S&P 500 index saw 124 individuals from 54 companies reporting insider trades. This activity was markedly greater than the average for the month and substantially greater than that of past week. High value transactions represented in this activity came from 4 individuals in 4 companies, having approximately $270,822,347 in market value, and came from discretionary purchases of 100,000 shares and discretionary sales of 7,558,638 shares.

Among the most significant insider transactions for the day:

Insider Makes Significant Stock buy in General Electric (GE) Shares Extends the Trend of Last 90 Days

There was significant buying activity in General Electric shares by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Jeffrey R Immelt, Officer — purchased 100,000 shares in the company having a market value of approximately $2,807,400. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 20,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 120,000 shares and have averaged 60,000 shares per transaction over this time period.

The number of insider buy/sell trades at General Electric is higher than that of the 22 peer company average over the last 90-day period. The Industrial Conglomerates peer group saw 10 buy/sell trades during this period for an average of 0.5 transactions per company. However, the number of shares traded per transaction by General Electric insiders is lower than its peers. Within the peer group there were 2,629,343 shares purchased and 38,522 shares sold with company insiders acquiring 259,082 shares on average over this time period. The data used in composing 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.

Insider Sale Slows Buying Trend of Last Quarter at Twitter

There was a significant sale of shares of Twitter by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Evan Clark Williams, Director — disposed of 684,900 shares in the company having a market value of approximately $12,724,667. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 1,000,000 company shares and the sale of 617,399 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 302,299 shares and have averaged 460,460 shares per transaction over this time period. The number of insider buy/sell trades at Twitter is higher than the 12 peer company average over the last 90-day period. The Social Media & Networking peer group saw 42 buy/sell trades during this period for an average of 3.5 transactions per company. The number of shares per buy/sell trade for Twitter insiders was also higher. Within the peer group there were 1,000,100 shares purchased and 5,406,907 shares sold with company insiders having sold 104,924 shares on average. To bring into focus 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 in data used to create and write this story.

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 info@uptickdata.com.

Copyright 2017 UpTick Data Technologies. All rights reserved.
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