InsiderInsights.com Daily Round Up: 7/21/14

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 |  Includes: AA, GOOG, KEY
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on Monday, July 21, 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 Dyn Inc Fd (NYSE:PDI), and;
  • Pimco DC Inc Fd (NYSE:PCI).

Insider trades were rated Nearly Significant at:

  • Keycorp New (NYSE:KEY);
  • Blue Capital Re (NYSE:BCRH), and;
  • Aep Industries (NASDAQ:AEPI).

Insider trades were considered Insignificant at:

  • Pure Bioscience (OTCQB:PURE);
  • Marten Transport (NASDAQ:MRTN);
  • Canterbury Park (NASDAQ:CPHC);
  • United Rentals (NYSE:URI);
  • Mastercard (NYSE:MA);
  • Hunt JB Trans (NASDAQ:JBHT);
  • Google (NASDAQ:GOOG);
  • Garrison Capital (NASDAQ:GARS);
  • Douglas Emmett (NYSE:DEI);
  • CSX (NYSE:CSX);
  • Crestwood Midstr (NYSE:CMLP), and;
  • Crestwood Equity (NYSE:CEQP).

There is a Conflicted Insider Signal (both purchases & sales) at:

  • General Finance (NASDAQ:GFN), and;
  • Alcoa (NYSE:AA).

The Insider Purchase at Iradimed (NASDAQ:IRMD) was associated with its recent IPO. This was 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 Gross William H O Pimco DC Inc Fd PCI B $2,174,797
2 Gross William H O Pimco Dyn Inc Fd PDI B $680,684
3 Hawkins James B DIR Iradimed IRMD JB* $500,000
4 Morris Michael G DIR Alcoa AA B $498,215
5 Montpelier Re BO Blue Capital Re BCRH B $464,648
6 Tashjian Larry D DIR General Finance GFN B $45,500
7 Theno David M DIR Pure Bioscience PURE JB* $25,500
8 Kohl Timothy M PR Marten Transport MRTN B $25,037
9 Gisel William G Jr DIR Keycorp New KEY B $20,490
10 Schenian Dale H DIR,BO Canterbury Park CPHC B $19,780
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 Page Lawrence CEO,DIR,BO Google GOOG AS $39,161,402
2 Stuart Steven S BO Garrison Capital GARS JS*,S $29,000,000
3 Ward Michael J CB,CEO,DIR CSX CSX S $5,366,460
4 Emmett Dan A CB,DIR,BO Douglas Emmett DEI AS $4,075,470
5 Sherman John J DIR Crestwood Equity CEQP AS $2,267,605
6 Sherman John J DIR Crestwood Midstr CMLP AS $2,071,245
7 Mastercard Fdn BO Mastercard MA S $2,065,441
8 Flannery Matthew VP,COO United Rentals URI AS $1,766,441
9 Harper Alfred C VP,COO Hunt JB Trans JBHT S $1,708,588
10 Ksa Capital Mgt BO Aep Industries AEPI JS* $1,546,415
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.

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.

Disclosure: The author is long KEY. 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.