Companies whose Insiders Sold the Most Stock this Year

Bill Hankes June 29, 2015

While entertainment and technology seem to dominate business headlines, the executives and major investors cashing in big bucks come from decidedly less sexy enterprises like Brixmor , the commercial real estate investor whose insiders sold more than $6.6 billion, and Aramark , the foodservice, facilities, and clothing supplier, with nearly $4.8 billion in insider sales from January through May this year.

Paycom Software , the maker of payroll and human resources software comes in at number three with insiders selling nearly $4 billion this year, and Burlington Stores , otherwise known as Burlington Coat Factory, comes in at number four, with more than $2 billion in insider sales.

This list is compiled from Forms 4, documents required to be filed with the Securities and Exchange Commission when certain corporate executives and large shareholders receive, sell, gift or otherwise transact company stock, options, warrants and other securities. Sqoop indexes SEC filings as soon as they are published, as well as patent applications and grants, and federal court actions, so that journalists can easily search them and create alerts based on companies, technologies and other factors they are interested in tracking.

It is worth noting that in the case of Brixmor, the most significant Forms 4 are sales that represent payments to other investment entities, not individuals, which very likely could be the routine manner by which they return proceeds to their investors.

Companies whose Insiders Sold the Most Stock, January—May 2015

Rank Company Amount US$
1 Brixmor Property Group Inc. 6,676,365,550
2 Aramark 4,786,180,233
3 Paycom Software, Inc. 3,837,106,198
4 Burlington Stores, Inc. 2,221,916,262
5 Nielsen N.V. 1,992,528,666
6 Freescale Semiconductor, Ltd. 1,741,771,218
7 Pinnacle Foods Inc. 1,588,666,025
8 Sabre Corp 1,550,281,022
9 Michaels Companies, Inc. 1,437,415,665
10 WEST CORP 1,409,754,733
11 IMS Health Holdings, Inc. 1,407,193,758
12 SERVICEMASTER GLOBAL HOLDINGS INC 1,298,130,404
13 Norwegian Cruise Line Holdings Ltd. 1,274,987,500
14 Endurance International Group Holdings, Inc. 1,235,101,088
15 Quintiles Transnational Holdings Inc. 1,229,081,415
16 EnLink Midstream Partners, LP 1,222,973,272
17 Axalta Coating Systems Ltd. 1,161,465,534
18 CDW Corp 983,353,586
19 Hilton Worldwide Holdings Inc. 982,702,704
20 Google Inc. 924,112,678
21 FAMILY DOLLAR STORES INC 917,983,000
22 Bloomin’ Brands, Inc. 900,503,625
23 CARNIVAL PLC 870,357,434
24 CARNIVAL CORP 869,853,084
25 ClubCorp Holdings, Inc. 828,925,826
26 MICROSOFT CORP 718,140,392
27 CoreSite Realty Corp 658,554,862
28 CommScope Holding Company, Inc. 626,153,795
29 Alon USA Energy, Inc. 625,056,326
30 Sprouts Farmers Market, Inc. 579,001,780
31 MBIA INC 475,785,000
32 Great Western Bancorp, Inc. 473,484,900
33 GoPro, Inc. 444,452,011
34 Zayo Group Holdings, Inc. 425,672,673
35 Springleaf Holdings, Inc. 425,235,428
36 New Residential Investment Corp. 422,748,916
37 Hudson Pacific Properties, Inc. 395,939,250
38 INC Research Holdings, Inc. 386,394,334
39 LIONS GATE ENTERTAINMENT CORP /CN/ 367,180,523
40 General Growth Properties, Inc. 356,276,866

If you cut the data by industry, it is dominated by real estate investment trusts, software and restaurants whose insiders raked in more than $22 billion collectively. If you add up all the retail categories, except for restaurants, the total comes to nearly $7 billion.

Industries whose Insiders Sold the Most Stock, January—May 2015

Rank Industry [SIC] Amount US$
1 REAL ESTATE INVESTMENT TRUSTS [6798] 8,782,738,686
2 SERVICES-PREPACKAGED SOFTWARE [7372] 7,702,485,324
3 RETAIL-EATING PLACES [5812] 6,260,383,968
4 SERVICES-BUSINESS SERVICES, NEC [7389] 4,491,939,140
5 SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] 3,099,260,968
6 SEMICONDUCTORS & RELATED DEVICES [3674] 3,091,875,203
7 WATER TRANSPORTATION [4400] 3,028,441,997
8 RETAIL-DEPARTMENT STORES [5311] 2,334,291,713
9 PHARMACEUTICAL PREPARATIONS [2834] 2,296,445,955
10 SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] 1,762,798,332
11 FOOD & KINDRED PRODUCTS [2000] 1,647,427,156
12 SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] 1,646,565,350
13 HOTELS & MOTELS [7011] 1,478,940,815
14 RETAIL-HOBBY, TOY & GAME SHOPS [5945] 1,449,220,775
15 SERVICES-MANAGEMENT SERVICES [8741] 1,322,961,084
16 NATURAL GAS TRANSMISSION [4922] 1,319,078,194
17 STATE COMMERCIAL BANKS [6022] 1,238,624,498
18 PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851] 1,217,076,695
19 CRUDE PETROLEUM & NATURAL GAS [1311] 1,135,293,782
20 RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] 1,080,708,772
21 RETAIL-VARIETY STORES [5331] 1,067,300,210
22 RETAIL-GROCERY STORES [5411] 907,827,217
23 SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997] 829,100,362
24 RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] 722,456,119
25 SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] 705,173,398
26 PETROLEUM REFINING [2911] 678,729,173
27 PERSONAL CREDIT INSTITUTIONS [6141] 631,937,510
28 SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] 584,349,228
29 NATIONAL COMMERCIAL BANKS [6021] 561,987,442
30 CABLE & OTHER PAY TELEVISION SERVICES [4841] 543,468,935
31 TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] 523,886,468
32 BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] 522,013,579
33 SURETY INSURANCE [6351] 493,239,095
34 TELEVISION BROADCASTING STATIONS [4833] 484,316,137
35 ELECTRIC SERVICES [4911] 479,086,141
36 PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] 474,640,764
37 REAL ESTATE [6500] 451,795,002
38 COMPUTER COMMUNICATIONS EQUIPMENT [3576] 448,709,435
39 SERVICES-MANAGEMENT CONSULTING SERVICES [8742] 394,012,191
40 COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] 386,391,260