Significant Transactions for Monday, June 26, 2017

The SEC processed 273 Form 4 filings today. These transactions reflected activity in 117 companies and came from 263 insiders. Of these individual transactions, 28 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 9, and within these companies there were 11 individual insiders surpassing the high value threshold.

The S&P 500 index saw 29 individuals from 16 companies reporting insider trades. This level of activity was markedly lower than the average for the month and near that of past week. This activity represented high value transactions having approximately $4,850,548 in market value, reflected 2 individual filers from 2 companies, and came from discretionary purchases of 20,000 shares and discretionary sales of 17,000 shares.

Significant Insider Selling Continues at BeiGene (BGNE)

A SEC filing today indicated a significant insider sale of BeiGene shares as — John Oyler, 10% Owner, Director and Officer — sold 98,500 shares in the company having a market value of approximately $4,349,622. There have been 2 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 67,799 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 166,299 shares and have averaged 55,433 shares per transaction over this time period.

The number of insider buy/sell trades at BeiGene is greater than that of the 257 peer company average over the last 90-day period. The Bio Therapeutic Drugs peer group saw 315 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by BeiGene insiders is lower than its peers. Within the peer group there were 71,085,083 shares purchased and 6,351,688 shares sold with company insiders purchasing 325,293 shares on average over this time period. In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to create and write this story.

Another 7 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 info@uptickdata.com.

Copyright 2017 UpTick Data Technologies. All rights reserved.
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