Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 70,809 shares at $331.68 ($23.5M) on 2019-02-11, disclosed to the SEC on 2019-02-12.
Seasonal sale ($23.5M) by Chairman, President and CEO — this insider has traded ULTI in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| Filing → |
| ULTI | SELL | 2017-02-13 | $8.6M | — | Filing → |
| ULTI | SELL | 2017-02-09 | $6.0M | — | Filing → |
| ULTI | SELL | 2016-11-08 | $15.2M | — | Filing → |