Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 30,644 shares at $202.93 ($6.3M) on 2015-11-10, disclosed to the SEC on 2015-11-12.
Seasonal sale ($6.3M) by Vice-Chairman & COO — this insider has traded ULTI in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $202.93 | 2,900 | $588K | 9.4% |
| 2 | $202.98 | 3,200 | $650K | 10.4% |
| 3 | $203.81 | 6,149 | $1.3M | 20.0% |
| 4 | $203.85 | 2,400 | $489K | 7.8% |
| 5 | $204.88 | 2,568 | $526K | 8.4% |
| 6 | $205.36 | 8,584 |
| $1.8M |
| 28.1% |
| 7 | $205.56 | 3,543 | $728K | 11.6% |
| 8 | $205.80 | 1,300 | $268K | 4.3% |
| Total | $204.45 avg | 30,644 | $6.3M | 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 → |