Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 25,000 shares at $155.84 ($3.9M) on 2015-02-05, disclosed to the SEC on 2015-02-05.
Seasonal sale ($3.9M) 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $155.84 | 6,600 | $1.0M | 26.3% |
| 2 | $156.67 | 13,238 | $2.1M | 53.0% |
| 3 | $157.37 | 4,762 | $749K | 19.1% |
| 4 | $158.40 | 400 | $63K | 1.6% |
| Total | $156.61 avg | 25,000 | $3.9M | 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 → |