InsiderInsights Daily Round Up: 6/20/14

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 |  Includes: ASPN, BCRH, CBSH, CRM, ENBL, FELP, FLEX, GD, MERC, NASB, OPK, PLD, RH, RHT, RSG, SAPE, SN, SYK
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed at the SEC on June 20th, 2014, based on dollar value.

Dollar values often do not equate with significance when it comes to insider trades.

Proprietary Insider Company Ratings are further given for selected companies.

I cannot repeat enough that dollar value is only one metric to assess the significance of an insider transaction. InsiderInsights calculates Insider Filer Statistics in real time, and formulates Insider Company Ratings based on numerous behavioral factors, so our clients can separate real investment intelligence from time-wasting noise.

On Today's Tables:

Insider trades were rated Significant or Nearly Significant at:

  • Republic Services (NYSE:RSG);
  • Opko Health (NYSE:OPK), and;
  • Mercer International (NASDAQ:MERC).

Insider trades were considered Insignificant at:

  • Blue Capital RE (NYSE:BCRH);
  • Enable Midstream LP (NYSE:ENBL);
  • NASB Financial Inc. (NASDAQ:NASB);
  • Sanchez Energy Corp. (NYSE:SN);
  • Restoration Hardware (NYSE:RH);
  • Sapient Corporation (NASDAQ:SAPE), and;
  • Salesforce.com, Inc. (NYSE:CRM).

There is a Conflicted Insider Signal (both Buys and Sales) at:

  • General Dynamics (NYSE:GD);

Insider Purchases at Aspen Aerogels (NYSE:ASPN) and Foresight Energy LP (NYSE:FELP) were associated with recent IPOs. These are nice to see, but it's difficult to argue significance for transactions by insiders without track records of unseasoned shares.

For more on how to profit from our Daily Round Up tables and analyze insider data, see references below.

Insider Purchases

#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 George Kaiser Fdn BO Aspen Aerogels ASPN JB* $27,177,882
2 Huff Craig A DIR,BO Aspen Aerogels ASPN JB* $21,525,934
3 Cascade Inv BO Republic Services RSG B $9,267,000
4 Cline Christopher DIR,BO Foresight Energy FELP B $2,500,000
5 Hancock David H CB,DIR,BO NASB Financial NASB JB* $1,501,500
6 Beyer Michael J CEO,DIR Foresight Energy FELP B $1,000,000
7 Kellogg Peter R BO Mercer Intl. MERC B $681,230
8 Frost Phillip Md CEO,CB,BO Opko Health OPK B $462,492
9 Montpelier RE BO Blue Capital RE BCRH B $314,114
10 Bourdon Lynn L Iii CEO,DIR Enable Midstream ENBL B $235,980
Click to enlarge

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes:
B =Open-market Buy; AB=10b5-1 (automatic) Buy; JB*=Buy indicated as being open-market, but not confirmed by trading price range and volume for the session.

Insider Sales

#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Sanchez Antonio CB,DIR,BO Sanchez Energy SN JS* $24,675,000
2 Chabraja Nicholas DIR General Dynamics GD S $6,000,590
3 Alberini Carlos DIR Restoration Hard RH AS $4,426,325
4 Greenberg Jerry A DIR Sapient SAPE AS $3,285,769
5 Stevens Brian VP,CTO Red Hat RHT AS $2,729,196
6 Benioff Marc CB,CEO Salesforce. com CRM AS $2,311,118
7 Kemper Jonathan M VCB,DIR Commerce Banc CBSH S $2,293,590
8 Anderson Gary E CEO Prologis PLD S $1,826,000
9 Stryker Ronda E DIR Stryker SYK AS $1,789,423
10 McNamara Michael CEO,DIR Flextronics Intl FLEX AS $1,760,515
Click to enlarge

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes:
S =Open-market Sale; AS=10b5-1 (automatic) Sale; JS*=Sale indicated as being open-market, but not confirmed by trading price range and volume for the session.

An important note from Jonathan Moreland, founder of InsiderInsights.com:

In a victory for common sense, it's been proven profitable -- by both academic studies and (more importantly) the experience of your fellow professional investors -- to monitor the trading behavior of company executives, directors, and large shareholders in the stocks of firms of which they're registered as "insiders".

Please note, however, that the lists above are strictly factual; they are not buy and sell recommendations.

At InsiderInsights.com, our clients find new investment ideas every day using more intricate insider screens to determine where they should focus their subsequent fundamental and technical analysis. And while stocks don't (or shouldn't) move up or down based on insider activity alone, insiders tend to be profitable indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing.

So use these daily articles as the initial research tools they are meant to be, and click the links in the tables to analyze a company's or insider's full insider history. Also feel free to email us with any questions on our proprietary insider data, filer statistics, and company ratings.

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.