Benefitfocus,Inc. (BNFT) is a publicly traded company in the Unknown sector. Across all available filings, 36 corporate insiders have executed 392 transactions totaling $1.2B, demonstrating a bearish sentiment with -$1.2B in net insider flow. The most recent transaction on Jan 24, 2023 involved a transaction of 17,890 shares valued at $187.8K.
No significant insider buying has been recorded for BNFT in the recent period.
No significant insider selling has been recorded for BNFT in the recent period.
Based on recent SEC filings, insider sentiment for BNFT is bearish with an Insider Alignment Score of 1/100 and a net flow of -$1.2B. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Benefitfocus,Inc. (BNFT) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 36 insiders are actively trading BNFT stock, having executed 392 transactions in the past 90 days. The most active insider is Joseph P. Disabato (Executive), who has made 12 transactions totaling $531.4M.
Get notified when executives and directors at BNFT file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jan 24, 2023 | Fund, L.p. Indaba Capital | Executive | Disposition | 17,890 | $10.50 | $187.8K | |
| Jan 24, 2023 | Fund, L.p. Indaba Capital | Executive | Disposition | 3,963,694 | $10.50 | $41.6M | Large |
| Jan 24, 2023 | Fund, L.p. Indaba Capital | Executive | Disposition | 20,726 | $10.50 | $217.6K | |
| Jan 24, 2023 | Dennerline Douglas | Executive | Disposition | 70,431 | $N/A | $0 | |
| Jan 24, 2023 | Levin Matthew | Executive | Disposition | 559,245 | $N/A | $0 | |
| Jan 24, 2023 | Levin Matthew | Executive | Option Exercise | 12,360 | $N/A | $0 | |
| Jan 24, 2023 | Levin Matthew | Executive | Disposition | 197,855 | $N/A | $0 | |
| Jan 24, 2023 | J. Park John | Executive | Disposition | 36,100 | $N/A | $0 | |
| Jan 24, 2023 | M. Swad Stephen | Executive | Disposition | 281,783 | $N/A | $0 | |
| Jan 24, 2023 | M. Swad Stephen | Executive | Disposition | 105,781 | $N/A | $0 | |
| Jan 24, 2023 | Bradley Wilson J. | Executive | Disposition | 38,955 | $N/A | $0 | |
| Jan 24, 2023 | M. Rushing Coretha | Executive | Disposition | 29,943 | $N/A | $0 | |
| Jan 24, 2023 | Wegner Alpana | Executive | Disposition | 129,151 | $N/A | $0 | |
| Jan 24, 2023 | Wegner Alpana | Executive | Disposition | 207,216 | $N/A | $0 | |
| Jan 24, 2023 | Wegner Alpana | Executive | Payment | 2,008 | $10.45 | $21.0K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 126 | $1.2B | 95.0% |
Disposition(D) | 15 | $42.0M | 3.3% |
Exercise(M) | 88 | $11.3M | 0.9% |
Purchase(P) | 23 | $6.8M | 0.5% |
Payment(F) | 12 | $4.3M | 0.3% |
Other(J) | 5 | $0 | 0.0% |
Expiration(H) | 3 | $0 | 0.0% |
Gift(G) | 13 | $0 | 0.0% |
Award(A) | 102 | $0 | 0.0% |
Conversion(C) | 5 | $0 | 0.0% |
Insider selling pressure at Benefitfocus,Inc. has increased, with 36 insiders executing 392 transactions across all time. Total sales of $1.2B significantly outpace purchases of $6.8M, resulting in a net outflow of $1.2B. This selling activity appears largely discretionary, which may warrant closer attention from investors.