Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 29,964 shares at $153.71 ($4.6M) on 2013-11-08, disclosed to the SEC on 2013-11-12.
Seasonal sale ($4.6M) 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 | $153.71 | 6,594 | $1.0M | 21.9% |
| 2 | $154.66 | 13,299 | $2.1M | 44.4% |
| 3 | $155.17 | 10,071 | $1.6M | 33.7% |
| Total | $154.62 avg | 29,964 | $4.6M | 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 → |