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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 NameInsider TitlesCompany NameTickerTrans
Type
Dollar Value
1Gross William HOPimco DC Inc FdPCIB$2,174,797
2Gross William HOPimco Dyn Inc FdPDIB$680,684
3Hawkins James BDIRIradimedIRMDJB*$500,000
4Morris Michael GDIRAlcoaAAB$498,215
5Montpelier ReBOBlue Capital ReBCRHB$464,648
6Tashjian Larry DDIRGeneral FinanceGFNB$45,500
7Theno David MDIRPure BiosciencePUREJB*$25,500
8Kohl Timothy MPRMarten TransportMRTNB$25,037
9Gisel William G JrDIRKeycorp NewKEYB$20,490
10Schenian Dale HDIR,BOCanterbury ParkCPHCB$19,780

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
1Page LawrenceCEO,DIR,BOGoogleGOOGAS$39,161,402
2Stuart Steven SBOGarrison CapitalGARSJS*,S$29,000,000
3Ward Michael JCB,CEO,DIRCSXCSXS$5,366,460
4Emmett Dan ACB,DIR,BODouglas EmmettDEIAS$4,075,470
5Sherman John JDIRCrestwood EquityCEQPAS$2,267,605
6Sherman John JDIRCrestwood MidstrCMLPAS$2,071,245
7Mastercard FdnBOMastercardMAS$2,065,441
8Flannery MatthewVP,COOUnited RentalsURIAS$1,766,441
9Harper Alfred CVP,COOHunt JB TransJBHTS$1,708,588
10Ksa Capital MgtBOAep IndustriesAEPIJS*$1,546,415

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.

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