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Summary

  • Tables of the top insider purchases and sales filed with the SEC on Friday, June 27, 2014, based on dollar value.
  • Dollar values often do not equate with significance when it comes to insider trades.
  • Proprietary Insider Company Ratings 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 at:

  • MVC Capital (NYSE:MVC);
  • Republic Services (NYSE:RSG), and;
  • Royce Focus Trust (NASDAQ:FUND).

Insider trades were rated Nearly Significant at:

  • Heron Therapeutics (NASDAQ:HRTX);
  • Ark Restaurants (NASDAQ:ARKR);
  • Valhi (NYSE:VHI), and;
  • Zulily (NASDAQ:ZU).

Insider trades were considered Insignificant at:

  • McGraw-Hill Companies (NYSE:MHFI);
  • Emerge Energy Svs LP (NYSE:EMES);
  • Dynegy (NYSE:DYN), and;
  • Salesforce.com (NYSE:CRM).

Insider transactions at Eclipse Resources (NYSE:ECR) were associated with recent IPOs, and it's difficult to garner investment intelligence from transactions by insiders in unseasoned shares.

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

Insider Purchases
#:Filer NameInsider TitlesCompany NameTickerTrans
Type
Dollar Value
1Cascade InvBORepublic ServicesRSGB$11,369,295
2Tang Kevin CDIR,BOHeron TherapeuticsHRTXB$5,999,997
3Knapp Robert CDIRMVC CapitalMVCB$2,214,015
4Winkler Joseph CDIREclipse ResourcesECRJB*$202,500
5George WhitneyFO,DIR,BORoyce Focus TrFUNDJB*$165,943
6Stainman ArthurDIRArk RestaurantsARKRJB*$114,140
7Tate Wesley DCFO,DIRCerebain BiotechDDOOJB*$89,423
8Riedhammer ThomasDIROhr PharmaceuticalOHRPJB*$50,991
9Weil Edward M JrPR,TR,DIRRcs CapitalRCAPB$50,649
10Parsons Robert JrDIRExcel TrustEXLB$50,122

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 NameInsider TitlesCompany NameTickerTrans
Type
Dollar Value
1Eclipse ResourcesBOEclipse ResourcesECRJS*$222,667,040
2McGraw Harold IIIDIRMcGraw-Hill FinlMHFIS$41,329,848
3Beneski Ted WDIR,BOEmerge EnergyEMESS$26,922,392
4Franklin ResBODynegyDYNS$26,339,104
5Benioff MarcCB,CEOSalesforce ComCRMAS$10,313,813
6Shearer Richard JCEO,DIREmerge EnergyEMESS$6,804,819
7Bonham Warren BVP,DIREmerge EnergyEMESS$4,092,258
8Harold Simmons FdnOValhiVHIS$3,588,240
9Sherman John JDIR,BOCrestwood MidstrCMLPAS$2,921,797
10Twomey LoriOZulilyZUAS$2,003,705

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.

Did you miss our Previous Daily Round Up?

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.

Source: InsiderInsights.com Daily Round Up: 6/27/14