Insider trading activity tracked by the SEC in Form 4 reports saw 539 filings today. These filings involved 535 insiders and represented 234 companies. Individual filings where there was more than $1 million in market value represented, occurred in 32 filings. There were 15 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 18 individual insiders with transactions that were greater than $1 million.
Within the S&P 500 index there were 45 companies reporting insider trades which included 102 individuals. This level of activity was meaningfully beneath the average for the 30 days and significantly lower than that of previous 5 days. This activity reflected high value transactions with approximately $79,152,277 in market value, included 4 individual filers from 3 companies, and came from discretionary purchases of 136,050 shares and discretionary sales of 72,085 shares.
Among the most significant insider transactions for the day:
Air Transport Services Group (ATSG) Insider Makes Significant Share Sale
There was a notable insider sale of Air Transport Services Group shares today, as disclosed in a filing with the SEC as — Willem Mesdag, Required Filer — disposed of 4,377,330 shares in the company having a market value of approximately $98,139,739 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 disposition of 711,563 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 5,088,893 shares and have averaged 636,112 shares per transaction over this time period.
The number of buy-sell trades for Air Transport Services Group is close to that of the 2 member peer company average. The Air Freight peer group saw 16 buy/sell trades during this period for an average of 8.0 transactions per company. However, the number of shares per buy/sell trade transacted by Air Transport Services Group insiders is higher. Within the peer group there were 0 shares purchased and 775,546 shares sold with company insiders disposing of 48,472 shares on average. The data sourced in evaluating 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 Makes Significant Stock buy in Regeneron Pharmaceuticals (REGN) Shares Breaks neutral Trend of Last 90 Days
One Regeneron Pharmaceuticals insider — Sanofi, 10% Owner — today, purchased 136,050 shares having a market value of approximately $65,055,558, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days. The level of buy-sell trades at Regeneron Pharmaceuticals is close to that of the 255 member peer company average.
The Bio Therapeutic Drugs peer group saw 284 buy/sell trades during this period for an average of 1.1 transactions per company. However, trading at Regeneron Pharmaceuticals represents a lower number of shares per transaction. Within the peer group there were 75,093,933 shares purchased and 6,862,755 shares sold with company insiders acquiring 385,487 shares on average over this time period. 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.
Another 13 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.