Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 25,000 shares at $155.68 ($3.9M) on 2015-02-05, disclosed to the SEC on 2015-02-05.
Seasonal sale ($3.9M) by Vice-Chairman & COO — this insider has traded ULTI in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $155.68 | 3,500 | $545K | 13.9% |
| 2 | $156.42 | 12,285 | $1.9M | 49.1% |
| 3 | $157.23 | 8,715 | $1.4M | 35.0% |
| 4 | $158.30 | 500 | $79K | 2.0% |
| Total | $156.64 avg | 25,000 | $3.9M | 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 → |