InsiderInsights.com Daily Round Up 6/14/16: Spectrum Brands, Phillips 66, Shake Shack, Connecture

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Includes: BLSP, BXP, CNXR, CRVL, CSL, EBIO, ENBL, GNBC, KW, MDP, OLLI, PSX, SHAK, SJM, SPB, ZAYO
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on 6/14/16, 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:

  • Spectrum Brands (NYSE:SPB);
  • Shake Shack (NYSE:SHAK);
  • Phillips 66 (NYSE:PSX), and;
  • Connecture (NASDAQ:CNXR).

Insider trades were rated Nearly Significant at:

  • Web Com (WWWW);
  • Kennedy Wilson (NYSE:KW);
  • Green Bancorp (NASDAQ:GNBC), and;
  • Blue Sphere (OTCQB:BLSP).

Insider trades were considered Insignificant at:

  • ZAYO (NYSE:ZAYO);
  • J M Smucker (NYSE:SJM);
  • Ollie S Bargain Outlet (NASDAQ:OLLI);
  • Enable Midstream (NYSE:ENBL);
  • Eleven Biotherap (NASDAQ:EBIO), and;
  • Carlisle Companies (NYSE:CSL).

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

  • Meredith (NYSE:MDP);
  • Corvel (NASDAQ:CRVL), and;
  • Boston Properties (NYSE:BXP).

Insider Purchases

#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1 Okumus Fund Mgt BO Web Com WWWW B $70,469,256
2 Berkshire Hathaway BO Phillips 66 PSX B $60,234,384
3 Francisco Partners BO Connecture CNXR JB*,B $1,975,631
4 Loomis William DIR Phillips 66 PSX B $1,000,011
5 Zax Stanley R DIR Kennedy Wilson KW B $940,000
6 Meredith Edwin T IV BO Meredith MDP B $800,701
7 Maura David M CB,DIR Spectrum Brands SPB B $498,162
8 Lazarus Mgt Co BO Blue Sphere BLSP B,JB* $424,102
9 McMorrow William CEO,DIR,BO Kennedy Wilson KW B $376,500
10 Greenwade Geoffrey D PR Green Bancorp GNBC B $336,680
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 Ccmp Capital BO Ollie S Bargain Outlet OLLI JS* $698,785,984
2 Morley Christopher PR,COO ZAYO ZAYO AS $5,460,500
3 Ritchey Raymond A VP Boston Properties BXP S $4,449,960
4 Corstar BO Corvel CRVL S $3,645,256
5 Boxer Capital BO Eleven Biotherap EBIO S $2,859,352
6 Roberts David A CB,DIR Carlisle Companies CSL S $2,469,052
7 Select Equity DIR Shake Shack SHAK S $2,124,864
8 Byrd Vincent C DIR J M Smucker SJM S $2,097,710
9 Arclight Capital BO Enable Midstream ENBL S $1,703,086
10 Meredith Katherine C BO Meredith MDP S $1,601,401
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.

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.