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Summary

  • Tables of the top insider purchases and sales filed with the SEC on 8/4/14, 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:

  • United Insurance (NASDAQ:UIHC);
  • Tile Shop (NASDAQ:TTS);
  • Republic Services (NYSE:RSG);
  • Mallinckrodt (NYSE:MNK), and;
  • Intevac (NASDAQ:IVAC).

Insider trades were rated Nearly Significant at:

  • Town Sports Intl (NASDAQ:CLUB);
  • Blue Capital Re (NYSE:BCRH), and;
  • Broadcom (NASDAQ:BRCM).

Insider trades were considered Insignificant at:

  • Poly Shield Tech (OTCQB:SHPR);
  • USA Truck (NASDAQ:USAK);
  • Trinity Industries (NYSE:TRN);
  • M&T Bank (NYSE:MTB);
  • Southwest Airlines (NYSE:LUV);
  • LinkedIn (NYSE:LNKD);
  • Liberty Global (NASDAQ:LBTYK);
  • Equity Residential (NYSE:EQR), and;
  • C H Robinson (NASDAQ:CHRW).

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

  • Adobe Systems (NASDAQ:ADBE).

The Insider Purchase at Townsquare Media (NYSE:TSQ) 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
1Cascade InvBORepublic ServicesRSGB$28,284,584
2Paulson & CoBOMallinckrodtMNKB$19,139,198
3Oaktree FundBOTownsquare MediaTSQB$9,350,214
4Kopple Robert CBOPoly Shield TechSHPRJB*$4,000,000
5Drapkin MatthewDIRIntevacIVACAB$3,088,201
6Kamin Peter HDIRTile ShopTTSB$2,902,612
7Hg Vora CapitalBOTown SportsCLUBB$2,015,053
8Nutter Wallace LDIRRepublic ServicesRSGB$1,141,200
9Davis Kern MichaelBOUnited InsuranceUIHCB$1,023,429
10Montpelier ReBOBlue Capital ReBCRHB$538,789

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
1Zell SamuelCB,DIREquity ResidentialEQRS$129,691,128
2Weiner JeffCEO,DIRLinkedInLNKDAS$17,268,254
3McWhirter WilliamVPTrinity IndustriesTRNS$4,833,010
4Malone John CDIR,BOLiberty GlobalLBTYKAS$4,005,350
5Samueli HenryCB,CTO,DIRBroadcomBRCMAS$2,862,682
6Knight TransBOUSA TruckUSAKS$2,610,826
7Ricks RonVP,LOSouthwest AirlinesLUVS$2,197,073
8Pereira Jorge GVCB,DIRM&T BankMTBS$1,746,128
9Burgess RobertDIRAdobe SystemsADBES$1,727,633
10Wiehoff JohnCEO,DIRC H RobinsonCHRWS$1,724,557

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.

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: InsiderInsights.com Daily Round Up: 8/4/14