InsiderInsights.com Daily Round Up 2/18/16: REGN, NMFC, ENH, MERC

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Includes: DLB, ENH, EQIX, ERC, FB, HA, HAS, MERC, N, NMFC, NOG, NOW, O, PSEC, PTI, REGN, SFLY, SMLP, TWTR, WBA
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on 2/18/16, 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.

On Today's Tables:

Insider trades were rated Significant at :

  • Regeneron Pharm (NASDAQ:REGN);
  • Prospect Capital (NASDAQ:PSEC);
  • New Mountain Fin (NYSE:NMFC);
  • Mercer Intl (NASDAQ:MERC), and;
  • Endurance Spec (NYSE:ENH).

Insider trades were rated Nearly Significant at:

  • Twitter (NYSE:TWTR);
  • Summit Midstream (NYSE:SMLP);
  • Northern Oil & Gas (NYSEMKT:NOG);
  • Shutterfly (NASDAQ:SFLY);
  • Netsuite (NYSE:N), and;
  • Dolby Labs (NYSE:DLB).

Insider trades were considered Insignificant at:

  • Wells Fargo Multi Sector Income Fund (NYSEMKT:ERC);
  • Realty Income (NYSE:O);
  • Servicenow (NYSE:NOW);
  • Hasbro (NASDAQ:HAS);
  • Hawaiian (NASDAQ:HA);
  • Facebook (NASDAQ:FB), and;
  • Equinix (NASDAQ:EQIX).

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

  • Walgreens Boots Alliance (NASDAQ:WBA).

There is an IPO at:

  • Proteostasis Therapeutics (NYSE:PTI).

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

Insider Purchases

#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Sanofi BO Regeneron Pharm REGN B $63,247,908
2 Barry John F CEO,DIR Prospect Capital PSEC B $7,091,400
3 Charman John CB,CEO Endurance Spec ENH B $4,259,818
4 Saba Capital Mgt BO Wells Fargo Multi Sector Inc Fd ERC B $3,690,697
5 Klinsky Steven B DIR New Mountain Fin NMFC B $3,396,837
6 Energy Capital II DIR,BO Summit Midstream SMLP AB $3,358,629
7 FMR O Proteostasis Therapeutics PTI JB* $3,000,000
8 Kordestani Omid CB,DIR Twitter TWTR B $1,997,565
9 Rowling Robert B BO Northern Oil & Gas NOG B $1,103,001
10 Kellogg Peter R BO Mercer Intl MERC B $797,000
Click to enlarge

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 Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Rosenstein Barry DIR Walgreens Boots Alliance WBA S $132,448,760
2 Hassenfeld Alan G DIR Hasbro HAS S $32,355,404
3 Luddy Frederic B DIR Servicenow NOW AS $7,979,415
4 Dolby Dagmar BO Dolby Labs DLB AS $3,826,620
5 Nelson Zachary CEO,DIR Netsuite N AS $3,780,032
6 Smith Stephen M CEO,PR,DIR Equinix EQIX AS $3,586,066
7 Dunkerley Mark B CEO,DIR Hawaiian HA AS $2,303,766
8 Housenbold Jeffrey CEO,DIR Shutterfly SFLY S $2,011,741
9 Athwal Jas CAO Facebook FB AS $1,866,368
10 Case John CEO Realty Income O S $1,493,250
Click to enlarge

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?

Disclosure: I am/we are long NMFC.

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.