Form 4 insider trading reports recorded with the SEC today disclosed 643 filings. These filings reflected 624 insiders and involved 258 companies. Individual transactions totaling over $1 million in market value occurred in 45 of these filings. There were 24 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 38 individual insiders with transactions that were greater than $1 million.
Activity within the S&P 500 index was centered around 54 companies with 146 individuals reporting insider trades. This activity was markedly higher than the average for the month and materially greater than that of preceding week. Included in this activity, were high value transactions involving 12 individuals in 8 companies, reflecting $373,063,773 in market value, and came from discretionary purchases of 517,895 shares and discretionary sales of 4,306,828 shares.
Among the most significant insider transactions for the day:
Significant Insider buy of Kinder Morgan (KMI) Shares Breaks neutral Trend of Last Quarter
An insider — Richard D Kinder, 10% Owner, Director and Officer — bought 500,000 shares of Kinder Morgan having a market value of approximately $9,289,250 today, as revealed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days. The number of buy-sell trades for Kinder Morgan is close to that of the 50 member peer company average.
The Oil & Gas Transportation Services peer group saw 55 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares per buy/sell trade transacted by Kinder Morgan insiders is higher. Within the peer group there were 804,947 shares purchased and 508,944 shares sold with company insiders purchasing 12,333 shares on average. The data used 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.
Insider Sales at Willis Towers Watson (WLTW) are Significant and Extend the Selling Trend of Last Quarter
There was a substantial level of insider selling disclosed today in filings with the SEC for Willis Towers Watson. Two insiders — Jeffrey W Ubben, Director, and Nicolas Aubert, Officer — sold 448,178 shares in the company for approximately $65,000,088. There have been 3 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 1,022,200 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,470,378 shares and have averaged 294,076 shares per transaction over this time period.
Today’s Insider Activity
* Jeffrey W Ubben, Director, sold 445,000 shares
* Nicolas Aubert, Officer, sold 3,178 shares
Insider Sales at Wal-Mart Stores (WMT) Extends the Selling Trend of Last Quarter
There was a notable level of insider selling revealed today in filings with the SEC for Wal-Mart Stores. Three insiders — Alice L Walton, 10% Owner, Jim C Walton, 10% Owner, and S Robson Walton, 10% Owner and Director — disposed of 3,472,500 shares in the company for approximately $271,057,794. There have been 5 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 24,174,340 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 27,646,840 shares and have averaged 3,455,855 shares per transaction over this time period.
Today’s Insider Activity
* Alice L Walton, 10% Owner, sold 1,157,500 shares
* Jim C Walton, 10% Owner, sold 1,157,500 shares
* S Robson Walton, 10% Owner and Director, sold 1,157,500 shares
Another 20 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 email@example.com.