InsiderInsights.com Daily Round Up: 7/24/14

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 |  Includes: BNFT, BTX, FCRM, PCI, PDI
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on Thursday, July 24, 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:

  • Franklin Credit (OTC:FCRM);
  • BioTime (NYSEMKT:BTX), and;
  • Benefitfocus (NASDAQ:BNFT).

Insider trades were considered Insignificant at:

  • SAExploration (NASDAQ:SAEX);
  • Mandalay Digital (MNDL);
  • Brookfield Mort Op Inc (NYSE:BOI);
  • Rex American (NYSE:REX);
  • Packaging Corp (NYSE:PKG);
  • MasterCard (NYSE:MA);
  • LinkedIn (NYSE:LNKD);
  • Barracuda Netw (NYSE:CUDA);
  • Crestwood Midstr (NYSE:CMLP), and;
  • AutoNation (NYSE:AN).

There is a Conflicted Insider Signal at:

  • Travelers Companies (NYSE:TRV), and;
  • Schwab Charles (NYSE:SCHW).

Insider transactions at Roka Bioscience (NASDAQ:ROKA) and Blue Hills Bancorp (NASDAQ:BHBK) were associated with recent IPOs, and it's difficult to garner investment intelligence from transactions by insiders 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 Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Orbimed Advisors BO Roka Bioscience ROKA JB*,B $4,599,996
2 Gross William H O Pimco Dyn Inc Fd PDI B $2,301,878
3 Broadwood Part DIR,BO BioTime BTX JB* $980,500
4 Gross William H O Pimco DC Inc Fd PCI B $691,595
5 Pecora John P BO SAExploration SAEX B $468,948
6 Brookfield Invest FO Brookfield Mort Op Inc BOI B $410,897
7 Axon Thomas J CB,PR,BO Franklin Credit FCRM JB* $400,000
8 Sommerfield Thomas O Blue Hills Bancorp BHBK JB* $353,869
9 Deutschman Robert M DIR Mandalay Digital MNDL JB* $262,500
10 Ruegger Philip T DIR Travelers Companies TRV B $202,598
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 Goldman Sachs BO Benefitfocus BNFT JS* $104,679,568
2 Lampert Edward S BO AutoNation AN S $31,886,456
3 Hoffman Reid DIR,BO LinkedIn LNKD AS $21,314,738
4 Schwab Charles CB,DIR,BO Schwab Charles SCHW S $19,892,396
5 Weiner Jeff CEO,DIR LinkedIn LNKD AS $19,406,832
6 Golob David R DIR,BO Barracuda Netw CUDA S $3,194,760
7 MasterCard Fdn BO MasterCard MA S $3,127,698
8 Rose Stuart A CEO,DIR,BO Rex American REX S $2,641,500
9 West Richard B VP,CFO Packaging Corp PKG AS $2,247,852
10 Sherman John J DIR Crestwood Midstr CMLP AS $2,126,484
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 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.