Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 33,838 shares at $95.62 ($3.3M) on 2012-11-01, disclosed to the SEC on 2012-11-05.
Seasonal sale ($3.3M) by Chairman, President and CEO — 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 | $95.62 | 8,500 | $813K | 24.8% |
| 2 | $96.51 | 9,327 | $900K | 27.4% |
| 3 | $97.88 | 9,660 | $946K | 28.8% |
| 4 | $98.14 | 6,351 | $623K | 19.0% |
| Total | $96.98 avg | 33,838 | $3.3M | 100% |
| Filing → |
| ULTI | SELL | 2017-11-08 | $8.5M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $8.6M | — | Filing → |
| ULTI | SELL | 2017-02-09 | $6.0M | — | Filing → |