Daily Round Up 7/11/16: Kingsway Financial, Nuveen Global Equity Income Fund, Frequency Electronics

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 7/11/16, 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 August.

On Today's Tables:

Insider trades were rated Significant at:

  • Kingsway Finl (NYSE:KFS), and;
  • Nuveen Global Equity Income Fund (NYSE:JGV).

Insider trades were rated Nearly Significant at:

  • Frequency Electronics (NASDAQ:FEIM), and;
  • Citizens & Northern (NASDAQ:CZNC).

Insider trades were considered Insignificant at:

  • Darden Restaurants (NYSE:DRI);
  • Colliers Intl (NASDAQ:CIGI);
  • Calix (NYSE:CALX);
  • Western Gas (NYSE:WES);
  • Stryker (NYSE:SYK);
  • Smith & Wesson (NASDAQ:SWHC);
  • Enterprise Financial (NASDAQ:EFSC);
  • Costco Wholesale (NASDAQ:COST);
  • Adobe Systems (NASDAQ:ADBE), and;
  • Acxiom (NASDAQ:ACXM).

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

  • Tiptree Financial (NASDAQ:TIPT);
  • Heska (NASDAQ:HSKA);
  • Endurance Intl (NASDAQ:EIGI), and;
  • Bristol Myers (NYSE:BMY).

Insider Purchases

#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Spruce House Partnership BO Colliers Intl CIGI B,JB* $9,214,092
2 Privet Fund Mgt BO Frequency Electronics FEIM B $848,780
3 Bulldog Investors BO Nuveen Global Equity Income Fund JGV B $219,690
4 Fogarty James P DIR Darden Restaurants DRI B $185,100
5 Russo Carl CEO,DIR,BO Calix CALX AB $32,865
6 Barnes Michael Gene CB,DIR,BO Tiptree Financial TIPT AB $26,481
7 Fitzgerald John Taylor Maloney VP,DIR Kingsway Finl KFS AB $16,450
8 Goldman Sachs BO Endurance Intl EIGI JB* $12,819
9 Disabato Joseph P DIR Endurance Intl EIGI JB* $12,819
10 Fisher Jan E DIR Citizens & Northern CZNC B $6,217
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 Schutt Douglas W VP Costco Wholesale COST S $2,443,991
2 Crane James R DIR Western Gas WES S $1,861,025
3 Rosensweig Daniel DIR Adobe Systems ADBE S $1,794,574
4 Andreotti Lamberto DIR Bristol Myers BMY AS $1,727,237
5 Stryker Ronda E DIR Stryker SYK AS $1,468,664
6 McKay John D VP Costco Wholesale COST S $1,249,376
7 Napolitano Jason A COO,CFO,VP,SEC Heska HSKA AS $820,000
8 May S Travis PR Acxiom ACXM AS $682,087
9 Furman John B DIR Smith & Wesson SWHC AS $585,450
10 Murphy James DIR Enterprise Financial EFSC AS $529,600
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.

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.