The SEC reported 316 Form 4 filings today. These filings involved 307 insiders and represented 131 companies. Individual transactions totaling over $1 million in market value occurred in 26 of these filings. Companies with aggregate market value transactions of over $1 million numbered 13, and within these companies there were 15 individual insiders surpassing the high value threshold.
The S&P 500 index saw 58 individuals from 23 companies reporting insider trades. This activity was significantly beneath the average for the past 30 days and near that of preceding 5 days. Included in this activity, were high value transactions reflecting 4 individuals in 3 companies, representing $9,857,358 in market value, and came from discretionary sales of 76,983 shares.
Significant Insider Selling in Shares of Nvidia Corp (NVDA) Continues
A notable insider sale of the shares of Nvidia Corp was revealed in a form 4 document filed with the SEC today, showing — Harvey C Jones, Director — disposed of 50,000 shares in the company having a market value of approximately $7,541,900. There have been 3 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 152,500 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 202,500 shares and have averaged 50,625 shares per transaction over this time period.
Insiders at Nvidia Corp have a higher number of buy/sell transactions than the 79-peer company average over the last 90-day period. The Semiconductors peer group saw 200 buy/sell trades during this period for an average of 2.5 transactions per company. The number of shares per buy/sell trade for Nvidia Corp insiders was also higher. Within the peer group there were 255,864 shares purchased and 2,324,286 shares sold with company insiders selling 10,342 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 evaluate and write this story.
Another 12 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.