Daily Round Up 1/26/16: LM, PACW, OPK, QTM

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 1/26/16, based on dollar value.

Dollar values often do not equate with significance when it comes to insider trades.

Proprietary Insider Company Ratings are relayed to clarify significance.

Dollar value is only one metric to assess the significance of an insider transaction, but when high dollar value intersects with significance it spotlights a stock investors should take the time to consider. InsiderInsights Daily Round Up articles are intended as initial research tools, so investors can separate real insider investment intelligence from time-wasting noise.

Click the Company Name links in the tables below 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, Insider Filer Statistics, and Insider Company Ratings.

On Today's Tables:

Insider trades were rated Significant at :

  • Quantum (NYSE:QTM);
  • Pacwest Bancorp (NASDAQ:PACW);
  • Opko Health (NYSE:OPK), and;
  • Legg Mason (NYSE:LM).

Insider trades were rated Nearly Significant at:

  • Aquinox Pharm (NASDAQ:AQXP);
  • Sage Therapeutics (NASDAQ:SAGE);
  • Goldman Sachs Bdc (NYSE:GSBD), and;
  • General Electric (NYSE:GE).

Insider trades were considered Insignificant at:

  • Kronos Worldwide (NYSE:KRO);
  • Scotts Miracle Gro (NYSE:SMG);
  • Facebook (NASDAQ:FB);
  • E Trade Financial (NASDAQ:ETFC);
  • Equinix (NASDAQ:EQIX);
  • Douglas Emmett (NYSE:DEI), and;
  • Costco Wholesale (NASDAQ:COST).

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

  • Texas Cap Banc (NASDAQ:TCBI), and;
  • Darden Restaurants (NYSE:DRI).

There is an IPO at:

  • Criteo S A (NASDAQ:CRTO).

It's difficult to argue significance for most transactions made during IPOs.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Dimitrief Alexander VP General Electric GE B $1,830,227
2 Baker Bros BO Aquinox Pharm AQXP B $1,520,909
3 Sullivan Joseph A CB,CEO,DIR Legg Mason LM B $745,250
4 Nachtwey Peter VP,CFO Legg Mason LM B $598,400
5 Goldman Sachs BO Goldman Sachs Bdc GSBD JB* $379,240
6 Cargill C Keith CEO,DIR Texas Cap Banc TCBI B $335,200
7 Frost Phillip Md CEO,CB,BO Opko Health OPK B $201,278
8 Watson Steven L CB,DIR Kronos Worldwide KRO B $139,465
9 Bartholow Peter B CFO,COO,DIR Texas Cap Banc TCBI B $131,200
10 Wagner Matthew P CEO,PR,DIR Pacwest Bancorp PACW B $127,039
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 Smith Jeffrey C DIR Darden Restaurants DRI S $43,399,980
2 Sinegal James D DIR Costco Wholesale COST S $6,705,831
3 Emmett Dan A CB,DIR Douglas Emmett DEI AS $3,909,718
4 Starboard Value BO Quantum QTM S $3,550,400
5 Cox Christopher K O Facebook FB AS $1,534,217
6 Meyers Charles J COO Equinix EQIX AS $960,007
7 Robichaud Albert O Sage Therapeutics SAGE AS $800,400
8 Niccoli Romain CTO Criteo S A CRTO AS $461,822
9 Hagedorn Katherine Littlefield DIR,BO Scotts Miracle Gro SMG AS $376,754
10 Idzik Paul CEO,DIR E Trade Financial ETFC AS $259,370
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.

If you're interested in the insider history of a stock not shown here, you can search by ticker.

Did you miss our Previous Daily Round Up?

Disclosure: I am/we are long OPK.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have 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.