Daily Round Up 4/13/16: ERC, SEAC, PANW

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 4/13/16, 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.

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 :

  • Wells Fargo Multi Sector Income Fund (NYSEMKT:ERC).

Insider trades were rated Nearly Significant at:

  • Summit Midstream (NYSE:SMLP);
  • Seachange Intl (NASDAQ:SEAC);
  • Careview Communications (OTCQB:CRVW), and;
  • Palo Alto Net (NYSE:PANW).

Insider trades were considered Insignificant at:

  • Hcsb Financial (OTCPK:HCFB);
  • Century Bancorp (NASDAQ:CNBKA);
  • Stryker (NYSE:SYK);
  • Liberty Interactive (NASDAQ:QVCA);
  • Novagold Resources (NYSEMKT:NG);
  • Medical Prop Tr (NYSE:MPW);
  • Facebook (NASDAQ:FB);
  • Salesforce Com (NYSE:CRM), and;
  • Capella Education (NASDAQ:CPLA).

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

  • Mattress Firm (NASDAQ:MFRM);
  • Carmax (NYSE:KMX), and;
  • Healthequity (NASDAQ:HQY).
Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Berkshire Partners BO Mattress Firm MFRM B $3,079,814
2 Energy Capital II DIR,BO Summit Midstream SMLP AB $924,906
3 Higgins James R DIR Careview Communications CRVW JB* $600,070
4 Hollar Jan H CEO,DIR Hcsb Financial HCFB JB* $500,000
5 Saba Capital Mgt BO WF Multi Sector Inc Fd ERC B $286,770
6 Bailey D Singleton DIR Hcsb Financial HCFB JB* $200,000
7 Terino Edward CEO,DIR Seachange Intl SEAC B $153,000
8 Craddock Steven CB,DIR Seachange Intl SEAC B $97,500
9 Filler James J BO Century Bancorp CNBKA B $78,150
10 Colberg Alan B DIR Carmax KMX B $51,780
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 Rana Manu S DIR Healthequity HQY JS* $11,740,000
2 Vadon Mark C DIR Liberty Interactive QVCA AS $7,151,207
3 Paulson & Co BO Novagold Resources NG S $6,951,029
4 Shank Stephen G DIR Capella Education CPLA AS $4,560,126
5 Benioff Marc CB,CEO Salesforce Com CRM AS $2,804,186
6 Chandna Asheem DIR Palo Alto Net PANW S $2,118,837
7 Hamner R Steven VP,CFO,DIR Medical Prop Tr MPW S $2,042,900
8 Cox Christopher K O Facebook FB AS $1,710,573
9 Stryker Ronda E DIR Stryker SYK AS $1,310,870
10 McLean Emmett E VP,COO Medical Prop Tr MPW S $663,500
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/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 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.