There were 996 Form 4 filings processed today with the SEC. These transactions reflected activity in 377 companies and came from 972 insiders. Individual filings where there was more than $1 million in market value represented, occurred in 66 filings. There were 31 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 54 individual insiders with transactions that were greater than $1 million.
There were 70 companies in the S&P 500 index representing 157 individuals reporting insider activity. This activity was substantially lower than the average for the 30 days and substantially below that of preceding 5 days. High value transactions represented in this activity came from 10 individuals in 7 companies, having approximately $19,375,044 in market value, and came from discretionary sales of 210,551 shares.
Among the most significant insider transactions for the day:
Insider Makes Significant Stock buy in Avnet (AVT) Shares Extends the Trend of Last 90 Days
Significant insider purchase activity was disclosed in Avnet shares in a form 4 document filed with the SEC today, showing — James A Lawrence, Director — bought 408,451 shares in the company having a net market value of approximately $15,109,210. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 6,933 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 415,384 shares and have averaged 207,692 shares per transaction over this time period.
In relation to the peer group over the last 90 days, insider buy/sell trading at Avnet is above the 8-company peer group average. Electronic Equipment & Parts peer group saw 10 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Avnet insiders was also higher. Within the peer group there were 117,211 shares purchased and 15,878 shares sold with company insiders having bought 10,133 shares on average. In order to focus on 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 data obtained to compose and write this story.
Insiders Make Significant purchases of Seaworld Entertainment (SEAS) Shares Reversing the 90 day Selling Trend
Two insiders — Hill Path Capital Partners Lp, 10% Owner, and Hill Path Holdings Llc, 10% Owner — purchased 1,168,000 shares of Seaworld Entertainment having a market value of approximately $20,841,374 today, as reflected in form 4 documents filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the purchase of 4,247,650 company shares and the sale of 38,907,126 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 33,491,476 shares and have averaged 6,331,825 shares per transaction over this time period.
Today’s Insider Activity
* Hill Path Capital Partners Lp, 10% Owner, bought 584,000 shares
* Hill Path Holdings Llc, 10% Owner, bought 584,000 shares
Another 29 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.