Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 10,884 shares at $153.28 ($1.7M) on 2014-11-10, disclosed to the SEC on 2014-11-12.
Seasonal sale ($1.7M) 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 | $152.40 | 6,701 | $1.0M | 61.4% |
| 2 | $153.28 | 4,183 | $641K | 38.6% |
| Total | $152.74 avg | 10,884 | $1.7M | 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 → |