Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 14,512 shares at $155.14 ($2.2M) on 2013-11-08, disclosed to the SEC on 2013-11-12.
Seasonal sale ($2.2M) by Vice-Chairman & COO — this insider has traded ULTI in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $153.71 | 6,614 | $1.0M | 45.4% |
| 2 | $154.47 | 5,441 | $840K | 37.5% |
| 3 | $155.14 | 2,457 | $381K | 17.0% |
| Total | $154.24 avg | 14,512 | $2.2M | 100% |
| Filing → |
| ULTI | SELL | 2018-02-13 | $37.4M | — | Filing → |
| ULTI | SELL | 2017-11-08 | $5.9M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $3.6M | — | Filing → |