Daily Round Up: 8/15/14

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 8/15/14, 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);
  • PIMCO Dyn Inc Fd (NYSE:PDI);
  • Marin Software (NYSE:MRIN), and;
  • Mallinckrodt (NYSE:MNK).

Insider trades were rated Nearly Significant at:

  • Protalix BioTherapeutics (NYSEMKT:PLX).

Insider trades were considered Insignificant at:

  • PIMCO Corporate & Inc Opp Fd (NYSE:PTY);
  • PIMCO C&I Str Fd (NYSE:PCN);
  • Kellogg (NYSE:K);
  • Acxiom (NASDAQ:ACXM);
  • ExOne (NASDAQ:XONE);
  • SunEdison (NYSE:SUNE);
  • Rexnord (NYSE:RXN);
  • Receptos (RCPT);
  • Google (NASDAQ:GOOG), and;
  • TD Ameritrade (NASDAQ:AMTD).

There is a Known Corporate Action at:

  • Questcor Pharm (QCOR).

Insider transactions at Ryerson Holding (NYSE:RYI) and Independence Contract Drilling (NYSE:ICD) 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
Dollar Value
1 Paulson & Co BO Mallinckrodt MNK B $9,220,646
2 Sprott Resource BO Ind Contract Drilling ICD JB* $6,600,000
3 Cascade Inv BO Republic Services RSG B $3,891,270
4 Gross William H O Pimco Dyn Inc Fd PDI B $619,804
5 Gores Tom O Ryerson Holding RYI JB* $550,000
6 Gross William H O Pimco C&I Str Fd PCN B $519,398
7 Auvil Paul R Iii DIR Marin Software MRIN B $508,883
8 Gross William H O Pimco Corp & Inc Opp Fd PTY B $466,952
9 Dunlevie Bruce DIR,BO Marin Software MRIN B $390,010
10 Howe Scott E CEO,DIR Acxiom ACXM B $351,482
Click to enlarge

Source: | 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
Dollar Value
1 Apollo Mgt Gp BO Rexnord RXN JS* $264,500,000
2 Page Lawrence CEO,DIR,BO Google GOOG AS $19,319,610
3 Marlene M Ricketts Tr BO Td Ameritrade AMTD S $15,679,620
4 Bio Cell BO Protalix Biotherapeutics PLX JS* $10,868,000
5 Torres S Edward DIR Receptos RCPT S $8,648,000
6 Kellogg WK Fdn BO Kellogg K AS $7,001,731
7 Domenech Carlos VP,PR Sunedison SUNE S $6,641,402
8 Novel Century Ventures BO Exone XONE S $5,044,632
9 Doerr L John DIR Google GOOG AS $4,167,117
10 Bailey Don M DIR Questcor Pharm QCOR AS $3,678,240
Click to enlarge | 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.

An important note from Jonathan Moreland, founder of

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, 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.

Disclosure: The author is long MNK. 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.