Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 66,758 shares at $331.69 ($22.1M) on 2019-02-11, disclosed to the SEC on 2019-02-12.
Seasonal sale ($22.1M) 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.
| Filing → |
| ULTI | SELL | 2017-11-08 | $5.9M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $3.6M | — | Filing → |
| ULTI | SELL | 2017-02-09 | $6.0M | — | Filing → |