Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 25,000 shares at $168.91 ($4.2M) on 2015-04-30, disclosed to the SEC on 2015-05-01.
Seasonal sale ($4.2M) by Vice-Chairman & COO — this insider has traded ULTI in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $164.60 | 6,000 | $988K | 23.7% |
| 2 | $165.73 | 7,667 | $1.3M | 30.5% |
| 3 | $166.17 | 933 | $155K | 3.7% |
| 4 | $166.61 | 1,062 | $177K | 4.3% |
| 5 | $167.82 | 4,338 | $728K | 17.5% |
| 6 | $168.91 | 5,000 |
| $845K |
| 20.3% |
| Total | $166.51 avg | 25,000 | $4.2M | 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 → |