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Summary

  • 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 (NASDAQ:RCPT);
  • Google (NASDAQ:GOOG), and;
  • TD Ameritrade (NYSE: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 NameInsider TitlesCompany NameTickerTrans
Type
Dollar Value
1Paulson & CoBOMallinckrodtMNKB$9,220,646
2Sprott ResourceBOInd Contract DrillingICDJB*$6,600,000
3Cascade InvBORepublic ServicesRSGB$3,891,270
4Gross William HOPimco Dyn Inc FdPDIB$619,804
5Gores TomORyerson HoldingRYIJB*$550,000
6Gross William HOPimco C&I Str FdPCNB$519,398
7Auvil Paul R IiiDIRMarin SoftwareMRINB$508,883
8Gross William HOPimco Corp & Inc Opp FdPTYB$466,952
9Dunlevie BruceDIR,BOMarin SoftwareMRINB$390,010
10Howe Scott ECEO,DIRAcxiomACXMB$351,482

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
1Apollo Mgt GpBORexnordRXNJS*$264,500,000
2Page LawrenceCEO,DIR,BOGoogleGOOGAS$19,319,610
3Marlene M Ricketts TrBOTd AmeritradeAMTDS$15,679,620
4Bio CellBOProtalix BiotherapeuticsPLXJS*$10,868,000
5Torres S EdwardDIRReceptosRCPTS$8,648,000
6Kellogg WK FdnBOKelloggKAS$7,001,731
7Domenech CarlosVP,PRSunedisonSUNES$6,641,402
8Novel Century VenturesBOExoneXONES$5,044,632
9Doerr L JohnDIRGoogleGOOGAS$4,167,117
10Bailey Don MDIRQuestcor PharmQCORAS$3,678,240

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.

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.

Source: InsiderInsights.com Daily Round Up: 8/15/14