Quintiles IMS Holdings (Q) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Wednesday, August 30, 2017 10:15 PM ET

Quintiles IMS Holdings (Q) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Four insiders — Danhakl, TPG Group Holdings (SBS) Advisors, CPP Investment Board Private Holdings, and Dr Gillings — sold 10,515,370 shares of Quintiles IMS Holdings having a market value of approximately $1,023,460,962, today, as disclosed in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 14,233,887 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 24,749,257 shares and have averaged 3,093,657 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Quintiles IMS Holdings is higher than the 181-company peer group average. Biotechnology & Medical Research peer group saw 178 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for Quintiles IMS Holdings insiders was also higher. Within the peer group there were 7,836,546 shares purchased and 41,413,870 shares sold with company insiders selling 188,637 shares on average.

The data sourced in evaluating 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.

Today’s Insider Activity
* John G Danhakl, Director, sold 556,968 shares
* TPG Group Holdings (SBS) Advisors Inc, 10% Owner and Director, sold 3,772,134 shares
* CPP Investment Board Private Holdings Inc, 10% Owner, sold 5,218,245 shares
* Dr Dennis B Gillings, Director, sold 968,023 shares

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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