InsiderInsights.com Daily Round Up 3/22/16: CVGI, ERC, CIK

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Includes: AAC, AMC, ANAC, BRTX, CIK, CPS, CVGI, DISCA, ERC, FTF, GCAP, GOOG, MSI, PRSC, SHLD, SRG, TCO, VGR
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on 3/22/16, 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 :

  • Wells Fargo Multi Sector Income Fund (NYSEMKT:ERC);
  • Commercial Vehicle (NASDAQ:CVGI), and;
  • Credit Suisse Asset Mgt Income Fund (NYSEMKT:CIK).

Insider trades were rated Nearly Significant at:

  • Biorestorative Therapies (OTCQB:BRTX), and;
  • Taubman Centers (NYSE:TCO).

Insider trades were considered Insignificant at:

  • Franklin Ltd Duration Income Trust (NYSEMKT:FTF);
  • Vector (NYSE:VGR);
  • Providence Service (NASDAQ:PRSC);
  • Motorola Solutions (NYSE:MSI);
  • Alphabet (NASDAQ:GOOG);
  • Discovery Comms (NASDAQ:DISCA);
  • Cooper Standard (NYSE:CPS);
  • Anacor Pharm (NASDAQ:ANAC), and;
  • AAC (NYSE:AAC).

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

  • Seritage Growth Properties (NYSE:SRG);
  • Sears (NASDAQ:SHLD);
  • Gain Capital (NYSE:GCAP);
  • Forest City Realty Trust (FCEA), and;
  • Amc Entertainment (NYSE:AMC).
Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Saba Capital Mgt BO Wells Fargo Multi Sector Income Fund ERC B $1,670,070
2 Desmarais John M DIR,BO Biorestorative Therapies BRTX JB* $1,000,000
3 Berkowitz Bruce R BO Seritage Growth Properties SRG B $977,200
4 Saba Capital Mgt BO Credit Suisse Asset Mgt Income Fund CIK B $502,206
5 Siemer Arnold B BO Commercial Vehicle CVGI B $498,251
6 Quick Peter DIR Gain Capital GCAP B $421,314
7 Saba Capital Mgt BO Franklin Ltd Duration Income Trust FTF B $400,252
8 Aron Adam M CEO,PR,DIR Amc Entertainment AMC B $288,558
9 Larue David J CEO,PR,DIR Forest City Realty Trust FCEA JB* $212,435
10 Taubman Robert S PR,CEO,CB Taubman Centers TCO B $157,268
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 Silver Point Cap BO Cooper Standard CPS S $67,156,664
2 Singer Bradley E DIR Motorola Solutions MSI AS $39,602,080
3 Oak Hill Advisors BO Cooper Standard CPS S $31,161,816
4 Page Lawrence CEO,DIR,BO Alphabet GOOG AS $24,941,546
5 Coliseum Cap DIR,BO Providence Service PRSC S $9,053,143
6 Cartwright Michael T CB,CEO,BO AAC AAC AS $4,583,383
7 Fairholme Capital Mgt DIR,BO Sears SHLD S $3,821,866
8 Malone John C DIR,BO Discovery Comms DISCA JS* $3,093,804
9 Berns Paul L CEO,DIR Anacor Pharm ANAC AS $2,261,616
10 Lebow Bennett S DIR Vector VGR AS $2,255,000
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.

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

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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 discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.