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Summary

  • Tables of the top insider purchases and sales filed with the SEC on 8/7/14, 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 :

  • Republic Services (NYSE:RSG).

Insider trades were rated Nearly Significant at:

  • Lucid (OTCPK:LCDX), and;
  • Goodyear Tire (NASDAQ:GT).

Insider trades were considered Insignificant at:

  • Endo Intl (NASDAQ:ENDP);
  • Steven Madden (NASDAQ:SHOO);
  • Nuveen Dividend Advantage Municipal Fund 2 (NYSEMKT:NXZ);
  • Nuveen New York Amt Free Municipal Income Fund (NYSE:NRK);
  • Servicenow (NYSE:NOW);
  • Ngl Energy (NYSE:NGL);
  • Meredith (NYSE:MDP);
  • Mastercard (NYSE:MA);
  • Google (NASDAQ:GOOG);
  • Borgwarner (NYSE:BWA), and;
  • Athlon Energy (NYSE:ATHL).

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

  • Dominion Resources (NYSE:D).

Insiders bought into the IPO at:

  • Marinus Pharm (NASDAQ:MRNS);
  • Healthequity (NASDAQ:HQY);
  • Fcb Financial (NYSE:FCB), and;
  • Avalanche Biotechnologies (NASDAQ:AAVL).

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
1Shea William JDIR,BOLucidLCDXJB*$10,000,000
2Venrock AssocBOAvalanche BiotechAAVLJB*$6,800,000
3Mehra AnandDIR,BOMarinus PharmMRNSJB*,B$6,005,464
4Hone L MichaelCEO,DIRLucidLCDXJB*$5,090,000
5Cascade InvBORepublic ServicesRSGB$4,904,423
6Kington MarkDIRDominion ResourcesDB$972,981
7Sacks IanDIRHealthequityHQYJB*$700,000
8Geissler WernerDIRGoodyear TireGTB$365,786
9Higgins ArthurDIREndo IntlENDPB$229,775
10Burner Paul DVP,CFOFcb FinancialFCBB$211,097

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
1CitigroupBONuveen Div Adv Muni Fd 2NXZJS*$2,929,999,872
2Apollo Mgt GpBOAthlon EnergyATHLJS*$559,374,976
3CitigroupBONuveen NY Amt Free Muni Inc FdNRKJS*$500,000,000
4Brin SergeyF,DIR,BOGoogleGOOGAS$95,058,384
5SemgroupBONgl EnergyNGLS$62,506,300
6Meredith Edwin T IvBOMeredithMDPJS*$9,016,000
7Luddy Frederic BDIRServicenowNOWAS$8,495,185
8Gasparovic John JVP,GC,SECBorgwarnerBWAS$3,659,982
9Madden StevenBOSteven MaddenSHOOS$3,255,000
10Mastercard FdnBOMastercardMAS$3,020,200

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.

Source: InsiderInsights.com Daily Round Up: 8/7/14