Scott Scherr, Chairman, President and CEO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 30,901 shares at $194.19 ($6.0M) on 2017-02-09, disclosed to the SEC on 2017-02-09.
Seasonal sale ($6.0M) 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 | $193.30 | 8,951 | $1.7M | 28.8% |
| 2 | $194.19 | 10,975 | $2.1M | 35.5% |
| 3 | $195.01 | 6,775 | $1.3M | 22.0% |
| 4 | $196.20 | 4,100 | $804K | 13.4% |
| 5 | $196.78 | 100 | $20K | 0.3% |
| Total | $194.39 avg | 30,901 |
| $6.0M |
| 100% |
| Filing → |
| ULTI | SELL | 2017-11-08 | $8.5M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $8.6M | — | Filing → |
| ULTI | SELL | 2016-11-08 | $15.2M | — | Filing → |