The SEC processed 690 Form 4 filings today. There were 677 insiders represented in these filings, involving activity in 265 companies. Individual filings where there was more than $1 million in market value represented, occurred in 61 filings. Companies with aggregate market value transactions of over $1 million numbered 22, and within these companies there were 41 individual insiders surpassing the high value threshold.
The S&P 500 index saw 128 individuals from 49 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 8 individuals in 4 companies, having approximately $598,802,736 in market value, and came from discretionary sales of 7,826,973 shares.
Among the most significant insider transactions for the day:
Significant Insider Buying of Bioverativ (BIVV) Shares Extends the Trend of Last 90 Days
Two insiders — Louis J Paglia, Director, and Dr Alexander J Denner, Director — bought 922,000 shares of Bioverativ having a market value of approximately $51,422,957 today, as disclosed in form 4 documents filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 2,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 924,000 shares and have averaged 308,000 shares per transaction over this time period.
Today’s Insider Activity
* Louis J Paglia, Director, bought 2,000 shares
* Dr Alexander J Denner, Director, bought 920,000 shares
Insider Selling in Cisco (CSCO) Shares Continues
There was a significant insider sale of Cisco shares today, as indicated in a filing with the SEC as — John T Chambers, Director and Officer — disposed of 295,537 shares in the company having a market value of approximately $9,314,418 There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 15,672 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 311,209 shares and have averaged 155,605 shares per transaction over this time period.
The number of buy-sell trades for Cisco is close to that of the 61 member peer company average. The Communications & Networking peer group saw 115 buy/sell trades during this period for an average of 1.9 transactions per company. However, the number of shares per buy/sell trade transacted by Cisco insiders is higher. Within the peer group there were 51,462 shares purchased and 8,223,483 shares sold with company insiders selling 71,061 shares on average. The data sourced 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.
Significant Insider Sales in Shares of Wal-Mart Stores (WMT) Extends the Selling Trend of Last Quarter
Wal-Mart Stores, today, saw four insiders — Walton, Walton, Walton, and Gearhart — sell 7,440,226 shares having a market value of approximately $582,740,641, as revealed in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 27,736,143 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 35,176,369 shares and have averaged 4,397,046 shares per transaction over this time period.
Today’s Insider Activity
* Alice L Walton, 10% Owner, sold 2,476,374 shares
* Jim C Walton, 10% Owner, sold 2,476,374 shares
* S Robson Walton, 10% Owner and Director, sold 2,476,374 shares
* Jeffrey J Gearhart, Officer, sold 11,104 shares
Another 18 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.