InsiderInsights.com Daily Round Up 3/31/16: Fitbit, Ambac Financial, Joint, Opko Health

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Includes: ADBE, AGC, AIMT, AM, AMBC, BPMX, CHDN, FB, FIT, GOOG, JYNT, MIK, NEUL, OPK, PHIL, RSPP, SHLD, SMLP
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on 3/31/16, 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.

Educational note from InsiderInsights:

Insider filing volumes are at a seasonal low point due to companies closing trading windows to their insiders until quarterly earnings are released. As a result, the dollar values of trades featured in our Daily round Up articles (particularly the purchases) will likely be lower than usual until early May.

On Today's Tables:

Insider trades were rated Significant at:

  • Opko Health (NYSEMKT:OPK);
  • Joint (NASDAQ:JYNT);
  • Fitbit (NYSE:FIT), and;
  • Ambac Financial (NASDAQ:AMBC).

Insider trades were rated Nearly Significant at:

Insider trades were considered Insignificant at:

  • Biopharmx (NYSEMKT:BPMX);
  • Aimmune Therapeutics (NASDAQ:AIMT);
  • Alphabet (NASDAQ:GOOG);
  • Facebook (NASDAQ:FB);
  • Churchill Downs (NASDAQ:CHDN);
  • Antero Midstream Partners (NYSE:AM), and;
  • Adobe Systems (NASDAQ:ADBE).

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

  • Sears (NASDAQ:SHLD), and;
  • Michaels Companies (NASDAQ:MIK).

Insider Purchases

#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Fairholme Capital Mgt DIR,BO Sears SHLD B $2,253,500
2 Wang Charles B DIR,BO Neulion NEUL JB* $1,354,250
3 Longitude Capital II BO Aimmune Therapeutics AIMT JB* $1,089,135
4 Fahman Henry CEO,DIR,BO Phi PHIL JB* $1,000,000
5 Frost Phillip Md CEO,CB,BO Opko Health OPK B $864,320
6 Energy Capital II DIR,BO Summit Midstream SMLP AB $708,436
7 Franklin Res BO Biopharmx BPMX B $648,000
8 Saba Capital Mgt BO AC Convertible & Inc AGC B $535,509
9 Nader Tavakoli CEO,DIR Ambac Financial AMBC JB* $453,562
10 Glenhill Advisors BO Joint JYNT B $143,936

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 Valueact DIR Adobe Systems ADBE S $817,907,456
2 Blackstone Mgt BO Michaels Companies MIK JS* $217,010,432
3 Bain Capital BO Michaels Companies MIK JS* $215,948,400
4 Antero Resources BO Antero Midstream Partners AM JS* $178,000,000
5 Koum Jan DIR Facebook FB AS $132,366,808
6 Brin Sergey PR,DIR,BO Alphabet GOOG AS $37,739,633
7 Foundry Venture Capital 2007 BO Fitbit FIT JS* $15,895,875
8 Collins Ted Jr DIR,BO Rsp Permian RSPP AS $4,797,273
9 Evans Robert L DIR Churchill Downs CHDN S $2,183,268
10 Fairholme Capital Mgt DIR,BO Sears SHLD S $1,999,202

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.

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.