Wed Jul 26 2017 22:15 ET
There was a significant sale of shares of Microsoft by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Jean-Philippe Courtois, Officer — disposed of 31,256 shares in the company having a market value of approximately $2,313,798. There have been 4 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 15,060,786 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 15,092,042 shares and have averaged 3,018,408 shares per transaction over this time period.
Relative to its peers over the last 90 days, insider buy/sell trading at Microsoft is above the 89-company peer group average. Software peer group saw 191 buy/sell trades during this period for an average of 2.1 transactions per company. The number of shares per buy/sell trade for Microsoft insiders was also higher. Within the peer group there were 1,377,888 shares purchased and 29,083,269 shares sold with company insiders selling 145,054 shares on average.
The data obtained in creating and writing in this story eliminates 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.
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.
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