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Summary

  • Tables of the top insider purchases and sales filed with the SEC on Wednesday, July 2, 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:

  • Mercer International (NASDAQ:MERC);
  • Accelerate Diagnostics (NASDAQ:AXDX);
  • Ladenburg Thalmann Financial (NYSEMKT:LTS), and;
  • River Valley Bancorp (NASDAQ:RIVR).

Insider trades were rated Nearly Significant at:

  • Phillips 66 (NYSE:PSX).

Insider trades were considered Insignificant at:

  • Google (NASDAQ:GOOG) (NASDAQ:GOOGL);
  • Facebook Inc (NASDAQ:FB) ;
  • Karyopharm Therapeutics (NASDAQ:KPTI);
  • LinkedIn Corp (NYSE:LNKD);
  • Blue Capital Reinsurance (NYSE:BCRH);
  • State Auto Financial (NASDAQ:STFC), and;
  • Growblox Sciences (OTCQB:GBLX).

Insider transactions at Investar Holding (NASDAQ:ISTR) were associated with the firm's recent IPO. It's difficult to argue significance for transactions by insiders without track records 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
1Kellogg Peter RBOMercer IntlMERCB$1,540,450
2Montpelier ReBOBlue Capital ReBCRHB$512,148
3Koehler Fred WDIRRiver Valley BancorpRIVRJB*$410,000
4Walker Frank LDIRInvestar HoldingISTRJB*$360,080
5State Auto Mut InsBOState Auto FinlSTFCJB*$327,260
6Frost Phillip MdDIR,BOLadenburg ThalmannLTSB$326,000
7Lazarus InvBOGrowblox SciencesGBLXJB*$322,062
8Boyce Robert M SrDIRInvestar HoldingISTRJB*$280,000
9Loomis WilliamDIRPhillips 66PSXB$250,254
10Schuler Jack WDIR,BOAccelerate DiagAXDXB$223,539

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
1Brin SergeyF,DIR,BOGoogleGOOGAS$97,601,232
2Oaktree CapitalBOMasonite IntlDOORS$29,025,322
3Sandberg SherylCOO,DIRFacebookFBAS$19,293,628
4Lilly EndowmentBOLilly EliLLYS$14,640,500
5Kauffman MichaelCEO,DIRKaryopharmKPTIJS*$8,500,000
6Hoffman ReidDIR,BOLinkedinLNKDAS$7,134,188
7Smith Robert EDIR,BOSinclair BroadcastSBGIS$4,888,851
8Malone John CDIR,BOLiberty GlobalLBTYKAS$4,259,310
9Vasudevan SureshCEO,DIRNimble StorageNMBLAS$3,960,492
10Benioff MarcCB,CEOSalesforce ComCRMAS$3,521,857

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.

I should also relay that you could have seen the trades on today's Daily Round Up tables within hours of being filed, by signing up for our Free Intra-Day Top Trades Alerts.

Editor's Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.

Source: InsiderInsights.com Daily Round Up: 7/2/14