InsiderInsights.com Daily Round Up 9/19/16: Phillips 66, Nuveen Global Equity Income Fund

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Includes: ACRS, AKAM, CAR, CIGI, DEI, DM, FBK, INOV, INST, JGV, MDT, N, NGL, PAH, PGND, PSG, PSX, SNI, VNDA, WDAY
by: InsiderInsights

Summary

Tables of the top insider purchases and sales filed with the SEC on 9/19/16, 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:

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

Insider trades were rated Nearly Significant at:

  • Inovalon (NASDAQ:INOV);
  • Performance Sports (NYSE:PSG), and;
  • Colliers Intl (NASDAQ:CIGI).

Insider trades were considered Insignificant at:

  • Platform Sp Prods (NYSE:PAH);
  • Dominion Midstream Partners (NYSE:DM);
  • Workday (NYSE:WDAY);
  • Vanda Pharm (NASDAQ:VNDA);
  • Scripps Networks (NYSE:SNI);
  • Press Ganey (NYSE:PGND);
  • Netsuite (NYSE:N);
  • Instructure (NYSE:INST);
  • Douglas Emmett (NYSE:DEI);
  • Avis Budget (NASDAQ:CAR), and;
  • Aclaris Therapeutics (NASDAQ:ACRS).

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

  • Ngl Energy (NYSE:NGL);
  • Medtronic (NYSE:MDT), and;
  • Akamai Tech (NASDAQ:AKAM).

There is an IPO or Known Corporate Action at:

  • Fb Financial (Pending:FBK).

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
Type
Dollar Value
1 Franklin Martin E DIR Platform Sp Prods PAH JB* $8,662,500
2 Spruce House Partnership BO Colliers Intl CIGI JB* $4,994,400
3 Dominion Resources DIR,BO Dominion Midstream Partners DM B $1,420,626
4 Berkshire Hathaway BO Phillips 66 PSX B $1,388,428
5 Ingram Orrin H II DIR Fb Financial FBK JB* $1,058,300
6 Leighton Thomson CEO,DIR Akamai Tech AKAM AB $999,877
7 Brookfield Ast Mgt BO Performance Sports PSG B $548,983
8 Green William D DIR Inovalon INOV B $486,555
9 Krimbill H Michael CEO,DIR Ngl Energy NGL B $346,112
10 Bulldog Investors General Partnership BO Nuveen Global Equity Income Fund JGV B $298,367
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 Duffield David A CB,DIR,BO Workday WDAY AS $31,035,064
2 Ra Capital Mgt BO Aclaris Therapeutics ACRS S $12,713,502
3 Heidt Julia Scripps BO Scripps Networks SNI S $9,239,607
4 Flynn James E BO Vanda Pharm VNDA S $8,582,621
5 Ishrak Omar CB,CEO Medtronic MDT AS $5,259,414
6 Emmett Dan A CB,DIR Douglas Emmett DEI AS $5,005,304
7 Riskind Patricia L O Press Ganey PGND AS $2,586,135
8 Openview Mgt BO Instructure INST S $2,364,109
9 Goldberg Evan CTO,CB,DIR Netsuite N AS $2,195,448
10 Nelson Ronald L CB,DIR Avis Budget CAR S $1,900,000
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.