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  • 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 (NYSE: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 (OTCQB:PGLC).

Insider trades were considered Insignificant at:

  •, 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 NameInsider TitlesCompany NameTickerTrans
Dollar Value
1Black D Arb OffshoreBOTri Pointe HomesTPHB$17,820,364
2Portnoy Barry MDIR,BOSelect Income ReitSIRJB*$8,665,250
3Gross William HOPimco DC Inc FdPCIB$3,485,421
4Montpelier ReBOBlue Capital ReBCRHB$693,794
5Drapkin Matthew ADIRIntevacIVACAB$576,506
6Citadel GpBOPHHPHHB$480,040
7Tylus F KevinPR,CEORoyal BancsharesRBPAAJB*$199,362
8Frost Phillip MdCEO,CB,BOOpko HealthOPKB$175,890
9Bradley Edward FDIRRoyal BancsharesRBPAAJB*$149,521
10Honig Barry CDIR,BOPershing GoldPGLCJB*$131,120

Source: | 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
Dollar Value
1Seidman LawrenceDIR,BOConnectone BancorpCNOBJS*$43,902,203
2TPG GroupBOAerie PharmAERIJS*$25,165,000
3Citadel GpBOPHHPHHS$4,263,298
4Sherman John JDIR,BOCrestwood MidstrCMLPAS$3,115,354
5Benioff MarcCB,CEOSalesforce ComCRMAS$2,170,415
6Perone Michael DSO,DIR,BOBarracuda NetwCUDAAS$1,551,029
7Kristin MajaBOVeeva SystemsVEEVS$1,208,155
8Stryker Ronda EDIRStrykerSYKAS$1,167,584
9Wentz Myron WDIRUsana HealthUSNAAS$552,663
10Legall DidierVPAmbarellaAMBAAS$461,981 | 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

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, 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.

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.

Source: Daily Round Up: 7/11/14