Daily Round Up 5/26/16: PSX, SHAK, JGV

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 5/26/16, 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 :

  • Shake Shack (NYSE:SHAK);
  • Phillips 66 (NYSE:PSX), and;
  • Nuveen Global Equity Income Fund (NYSE:JGV).

Insider trades were rated Nearly Significant at:

  • Crestwood Equity (NYSE:CEQP);
  • Biglari (NYSE:BH);
  • Amer Assets Tr (NYSE:AAT), and;
  • Arista Networks (NYSE:ANET).

Insider trades were considered Insignificant at:

  • First Data (NYSE:FDC);
  • Aldeyra Therapeutics (NASDAQ:ALDX);
  • Xbiotech (NASDAQ:XBIT);
  • Six Flags Ent (NYSE:SIX);
  • Performance Food (NYSE:PFGC);
  • Jazz Pharm (NASDAQ:JAZZ);
  • Alphabet (NASDAQ:GOOG);
  • Gaming & Leisure (NASDAQ:GLPI);
  • Facebook (NASDAQ:FB), and;
  • Enersys (NYSE:ENS).

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

  • Edwards Lifesciences (NYSE:EW), and;
  • Dollar Tree (NASDAQ:DLTR).

There is an IPO or Known Corporate Action at:

  • Nanosphere (NASDAQ:NSPH).

It's difficult to argue significance for most transactions made during IPOs, or when insiders make trades during a known corporate action.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Berkshire Hathaway BO Phillips 66 PSX B $51,225,280
2 First Reserve Gp Xi DIR,BO Crestwood Equity CEQP B $5,996,540
3 Perceptive Adv BO Aldeyra Therapeutics ALDX JB* $3,500,000
4 Plumeri Joseph J DIR First Data FDC B $3,074,900
5 Biglari Sardar DIR,BO Biglari BH AB $1,184,285
6 Loranger Steven R DIR Edwards Lifesciences EW B $505,344
7 Bulldog Investors BO Nuveen Global Equity Income Fund JGV B $456,561
8 Mmcap Intl Inc Spc BO Nanosphere NSPH B $297,165
9 McKenzie W Thorpe DIR,BO Xbiotech XBIT B $279,115
10 Nelles Duane DIR Amer Assets Tr AAT B $278,307
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 Edens Wesley R DIR Gaming & Leisure GLPI JS* $329,819,129
2 Blackstone BO Performance Food PFGC JS* $272,477,152
3 Koum Jan DIR Facebook FB AS $27,945,726
4 Brin Sergey PR,DIR,BO Alphabet GOOG AS $24,123,940
5 2010 David R Cheriton Irrevocable Trust Dtd July 2 BO Arista Networks ANET S $20,083,654
6 Nabi Usman DIR Six Flags Ent SIX S $14,206,334
7 Green Equity Invi DIR,BO Shake Shack SHAK S $5,324,500
8 Sasser Bob CEO,DIR Dollar Tree DLTR AS $5,120,144
9 Mulligan Seamus DIR Jazz Pharm JAZZ AS $4,203,339
10 Craig John D DIR Enersys ENS S $3,991,758
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 PSX.

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.

Additional disclosure: I am Short SHAK

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.