Insider trading activity recorded with the SEC today revealed 191 Form 4 filings. This activity came from 188 insiders reflecting 102 companies. Individual filings where there was more than $1 million in market value represented, occurred in 20 filings. Companies with aggregate market value transactions of over $1 million numbered 6, and within these companies there were 8 individual insiders surpassing the high value threshold.
Within the S&P 500 index there were 17 companies reporting insider trades which included 36 individuals. This activity was distinctly below the average for the preceding 30 days and close to that of prior 5 days. High value transactions represented $4,376,369 in market value, reflected 3 individual filers from 2 companies, and came from discretionary purchases of 20,000 shares and discretionary sales of 13,685 shares.
Among the most significant insider transactions for the day:
Insider buy at International Flavors & Fragrances (IFF) Extends the Trend of purchases over Last Quarter
There was a significant insider buy in International Flavors & Fragrances shares today as disclosed in a filing with the SEC. One insider — Winder Investment Pte Ltd, 10% Owner — acquired 20,000 shares in the company having a net market value of approximately $2,665,744. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 615,140 company shares and the disposition of 1,533 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 633,607 shares and have averaged 159,168 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at International Flavors & Fragrances is less than the 5-company peer group average. Food Ingredients peer group saw 27 buy/sell trades during this period for an average of 5.4 transactions per company. However, the number of shares per buy/sell trade for International Flavors & Fragrances is higher. Within the peer group there were 615,140 shares purchased and 1,533 shares sold with company insiders having bought 204,536 shares on average. To bring into focus 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 in data obtained to evaluate and write this story.
Another 5 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.