The SEC today reported 715 Form 4 filings. These filings involved 705 insiders and represented 271 companies. Of these individual transactions, 53 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 19, and within these companies there were 27 individual insiders surpassing the high value threshold.
There were 49 companies in the S&P 500 index representing 149 individuals reporting insider activity. This level of activity was much below the average for the 30 days and meaningfully beneath that of preceding 5 days. Included in this activity, were high value transactions that reflects 4 individuals in 3 companies, representing $15,040,960 in market value, and came from discretionary purchases of 21,990 shares and discretionary sales of 95,592 shares.
Among the most significant insider transactions for the day:
Insider Selling at Apple (AAPL) Continues with Significant Sale
An insider — Craig Federighi, Officer — sold 64,500 shares of Apple having a market value of approximately $9,908,205 today, as revealed in a form 4 document filed with the SEC. There have been 7 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 506,724 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 571,224 shares and have averaged 71,403 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Apple is greater than the 21-company peer group average. Computer Hardware peer group saw 28 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Apple insiders was also higher. Within the peer group there were 0 shares purchased and 939,536 shares sold with company insiders having sold 33,555 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 obtained to evaluate and write this story.
Significant Insider Buying of Liberty Media (LSXMK) Shares Extends the Trend of Last 90 Days
Today at Liberty Media two insiders — Berkshire Hathaway Inc, 10% Owner, and R Ted Weschler, Required Filer — purchased 1,992,242 shares having a market value of approximately $79,238,306, as disclosed in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 19,784,972 company shares and the disposition of 13,546 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 21,763,668 shares and have averaged 4,358,152 shares per transaction over this time period.
Today’s Insider Activity
* Berkshire Hathaway Inc, 10% Owner, bought 996,121 shares
* R Ted Weschler, Required Filer, bought 996,121 shares
Another 17 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.