InsiderInsights.com Daily Round Up: 7/11/14

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Includes: AERI, BCRH, CNOB, CRM, CUDA, IVAC, OPK, PCI, PGLC, PHH, RBPAA, SIR, SYK, TPH, USNA, VEEV
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on Friday, July 11, 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 at:

  • PIMCO Dynamic Credit Income Fund (NYSE:PCI), and;
  • Opko Health (NYSEMKT:OPK).

Insider trades were rated Nearly Significant at:

  • Select Income REIT (NYSE:SIR);
  • Blue Capital Reinsurance (NYSE:BCRH);
  • PHH Corporation (NYSE:PHH);
  • Veeva Systems (NYSE:VEEV);
  • Royal Bancshares of PA (NASDAQ:RBPAA), and;
  • Pershing Gold (NASDAQ:PGLC).

Insider trades were considered Insignificant at:

  • Salesforce.com, Inc. (NYSE:CRM);
  • TRI Pointe Homes (NYSE:TPH);
  • ConnectOne Bancorp (NASDAQ:CNOB);
  • Aerie Pharmaceuticals (NASDAQ:AERI);
  • Intevac (NASDAQ:IVAC);
  • Barracuda Networks (NYSE:CUDA);
  • Stryker Corporation (NYSE:SYK), and;
  • USANA Health Sciences (NYSE:USNA).

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 Black D Arb Offshore BO Tri Pointe Homes TPH B $17,820,364
2 Portnoy Barry M DIR,BO Select Income Reit SIR JB* $8,665,250
3 Gross William H O Pimco DC Inc Fd PCI B $3,485,421
4 Montpelier Re BO Blue Capital Re BCRH B $693,794
5 Drapkin Matthew A DIR Intevac IVAC AB $576,506
6 Citadel Gp BO PHH PHH B $480,040
7 Tylus F Kevin PR,CEO Royal Bancshares RBPAA JB* $199,362
8 Frost Phillip Md CEO,CB,BO Opko Health OPK B $175,890
9 Bradley Edward F DIR Royal Bancshares RBPAA JB* $149,521
10 Honig Barry C DIR,BO Pershing Gold PGLC JB* $131,120
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 Seidman Lawrence DIR,BO Connectone Bancorp CNOB JS* $43,902,203
2 TPG Group BO Aerie Pharm AERI JS* $25,165,000
3 Citadel Gp BO PHH PHH S $4,263,298
4 Sherman John J DIR,BO Crestwood Midstr CMLP AS $3,115,354
5 Benioff Marc CB,CEO Salesforce Com CRM AS $2,170,415
6 Perone Michael D SO,DIR,BO Barracuda Netw CUDA AS $1,551,029
7 Kristin Maja BO Veeva Systems VEEV S $1,208,155
8 Stryker Ronda E DIR Stryker SYK AS $1,167,584
9 Wentz Myron W DIR Usana Health USNA AS $552,663
10 Legall Didier VP Ambarella AMBA AS $461,981
Click to enlarge

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.

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.

Editor's Note: This article covers one or more stocks 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.