The SEC today reported 622 Form 4 filings. These transactions reflected activity in 235 companies and came from 619 insiders. Of these individual transactions, 40 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 16, and within these companies there were 46 individual insiders surpassing the high value threshold.
There were 38 companies in the S&P 500 index representing 101 individuals reporting insider activity. This activity was much below the average for the month and meaningfully beneath that of past week. Included in this activity, were high value transactions reflecting 11 individuals in 2 companies, representing $6,622,294 in market value, and came from discretionary sales of 93,594 shares.
Among the most significant insider transactions for the day:
Significant Insider purchase of Energy Transfer Partners (NYSE:ETP) Shares Extends the Buying Trend of Last Quarter
There was a significant insider purchase in Energy Transfer Partners shares today as disclosed in a filing with the SEC. One insider — Kelcy L Warren, Director and Officer — bought 1,000,000 shares in the company having a net market value of approximately $20,330,000. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 5,023 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 1,005,023 shares and have averaged 335,008 shares per transaction over this time period.
The level of buy/sell trading at Energy Transfer Partners is is above the 50 peer company average over the last 90-day period. The Oil & Gas Transportation Services peer group saw 72 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Energy Transfer Partners insiders was also higher. Within the peer group there were 7,141,851 shares purchased and 591,038 shares sold with company insiders having bought 163,770 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 sourced to create and write this story.
Significant Insider Sales Reported in Shares of Wayfair (NYSE:W) Extending the Trend of Last Quarter
SEC filings today disclosed notable insider sales of Wayfair shares as three insiders — Steven Conine, 10% Owner, Director and Officer, Niraj Shah, 10% Owner, Director and Officer, and John Champlin Mulliken, Officer — disposed of 100,700 shares in the company having a market value of approximately $7,577,093. There have been 9 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 2,213,173 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,313,873 shares and have averaged 192,823 shares per transaction over this time period.
Today’s Insider Activity
* Steven Conine, 10% Owner, Director and Officer, sold 50,000 shares
* Niraj Shah, 10% Owner, Director and Officer, sold 50,000 shares
* John Champlin Mulliken, Officer, sold 700 shares
Another 14 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.