Insider Buying and Selling Activity on December 27, 2013

Strategic Insights -

Yesterday, December 27, 2013, 44 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $182.70 to $2,289,990.00. Highlighted stocks traded by insiders include Splunk, United Therapeutics Corporation, Interactive Brokers Group, Cumulus Media, and Simon Property Group.

Key Takeaways:

  • Splunk (SPLK) saw a sell transaction of 1,500 shares by Director Thomas M. Neustaetter at $70.60, reducing his stake by 1.9%. The company has a market cap of $7.5 billion and is part of the technology sector and computer software & services industry.
  • United Therapeutics Corporation (UTHR) had a sell transaction of 18,147 shares by CEO Martine A. Rothblatt at $113.15, reducing her stake by 3.09%. The company has a market cap of $5.7 billion and is part of the health care sector and drugs industry.
  • Interactive Brokers Group (IBKR) saw sell transactions of 11,125 shares by Vice Chairman Earl H. Nemser and 6,185 shares by Chief Financial Officer Paul Jonathan Brody at $24.61. Both transactions reduced their stakes by 3.88%. The company has a market cap of $1.2 billion and is part of the financial sector and financial services industry.
  • Cumulus Media (CMLS) had a sell transaction of 300,000 shares by Director Ba Capital Co. LP at $7.63, reducing its stake by 19.48%. The company has a market cap of $1.4 billion and is part of the services sector and media industry.
  • Simon Property Group (SPG) saw a sell transaction of 4,000 shares by General Counsel James M. Barkley at $154.40, reducing his stake by 4.29%. The company has a market cap of $47.8 billion and is part of the financial sector and real estate industry.

Statistics:

  • Total number of insider transactions: 44
  • Total value of insider transactions: $182.70 to $2,289,990.00
  • Average volume for Splunk: 1.3 million shares per day over the past 30 days
  • Average volume for United Therapeutics Corporation: 677,400 shares per day over the past 30 days
  • Average volume for Interactive Brokers Group: 510,200 shares per day over the past 30 days
  • Average volume for Cumulus Media: 1.9 million shares per day over the past 30 days
  • Average volume for Simon Property Group: 1.3 million shares per day over the past 30 days

Sources:

  • TheStreet (http://www.thestreet.com/)
  • Zacks Investment Research (http://www.zacks.com/)
  • Splunk (http://www.splunk.com/)
  • United Therapeutics Corporation (http://www.uthr.com/)
  • Interactive Brokers Group (http://www.interactivebrokers.com/)
  • Cumulus Media (http://www.cumulusmedia.com/)
  • Simon Property Group (http://www.simon.com/)