Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 30,889 shares at $193.28 ($6.0M) on 2017-02-09, disclosed to the SEC on 2017-02-09.
Seasonal sale ($6.0M) 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $193.28 | 8,685 | $1.7M | 28.0% |
| 2 | $194.18 | 11,104 | $2.2M | 35.9% |
| 3 | $195.02 | 6,800 | $1.3M | 22.1% |
| 4 | $196.20 | 4,200 | $824K | 13.7% |
| 5 | $196.77 | 100 | $20K | 0.3% |
| Total | $194.39 avg | 30,889 |
| $6.0M |
| 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 → |