Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 25,000 shares at $155.64 ($3.9M) on 2014-02-06, disclosed to the SEC on 2014-02-10.
Seasonal sale ($3.9M) 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 | $155.64 | 8,231 | $1.3M | 32.8% |
| 2 | $156.44 | 14,469 | $2.3M | 58.0% |
| 3 | $157.10 | 2,300 | $361K | 9.3% |
| Total | $156.24 avg | 25,000 | $3.9M | 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 → |