The SEC reported 497 Form 4 filings today. These transactions reflected activity in 143 companies and came from 485 insiders. Within this insider activity were 15 transactions which individually represented over $1 million in market value. There were 4 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 4 individual insiders with transactions that were greater than $1 million.
The S&P 500 index had 112 individuals from 28 companies reporting insider trades. This activity was significantly lower than the average for the month and perceptibly below that of last week. Included in this activity, was 1 high value transaction involving 1 individual in 1 company and reflecting $4,302,388 in market value. and came from discretionary sales of 42,297 shares.
Among the most significant insider transactions for the day:
Continued Level of Significant Insider Selling at Factset Research Systems (FDS)
One insider — Philip A Hadley, Director — today, sold 100,017 shares of Factset Research Systems having a market value of approximately $16,902,004, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 2,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 102,017 shares and have averaged 51,009 shares per transaction over this time period.
The level of buy-sell trades at Factset Research Systems is close to that of the 19 member peer company average. The Professional Information Services peer group saw 30 buy/sell trades during this period for an average of 1.6 transactions per company. However, trading at Factset Research Systems represents a lower number of shares per transaction. Within the peer group there were 62,700 shares purchased and 11,759,556 shares sold with company insiders selling 389,895 shares on average over this time period. 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 used to compose and write this story.
Another 3 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.