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Which stocks are getting attention from insiders?

Below are lists of the top 10 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday, April 24, 2012 as ranked by dollar value. Company executives and directors are in the best position to assess the attractiveness of their firms' shares, and here is how many of them are voting their wallets.

Please note, however, that these are factual lists, not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction, and further analysis of a stock's full insider history may not indicate a significant insider signal.

But we find significant insider signals just about every day using screens like these to determine where we should focus are subsequent fundamental and technical analysis. And while stocks don't (and shouldn't) move up or down based on insider activity alone, insiders tend to be good indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing.

So use these regular posts as the initial research tools they are meant to be, and feel free to email with any questions on our proprietary insider data, and how it is best analyzed.

Analyst Note: We are currently in a slower filing period for Form 4s since many firms have the trading windows closed to their insiders until March quarter earnings are released. So the dollar values of the Top 10 transactions are smaller than usual. If past is prologue, the volume of insider filings will pick up again in earnest during the first week of May.

Insider Purchases
#:Filer NameInsider TitlesCompany NameTickerTrans
Type
Dollar ValueShares TradedTrans Date
To
Ave Trans
Price
Direct
Holdings
Indirect
Holdings
1Frost Phillip MD et alCEO,CB,BOOpko HealthOPKB$293,77360,0004/23/12$4.95---111,115,856
2Lu JosephCEO,DIR,BOPowinOTCQB:PWONJB*,B$269,969673,9004/20/12$.4067,270,000---
3Richmond Hill InvestmentsBOGlobal IndemnityGBLIB$222,93712,5674/24/12$17.71---1,887,164
4Morgan John KCB,PR,CEOZEPZEPB$102,9007,5004/23/12$13.72245,193---
5Derosa Paul RDIRIntervest BancsharesIBCAJB*$99,50025,0004/20/12$3.98136,500---
6Todd Stephen MDIRDoverDOVB$89,8801,5004/23/12$59.926,166---
7Shaw Thomas JCEO,DIR,BORetractable TechnologiesRVPJB*$63,50050,0004/23/12$1.277,865,642---
8Gabelli Mario JBOLGLLGLB$50,2986,9004/20/12$7.29---77,900
9Frost Phillip MD et alDIR,BOCastle BrandsROXB$50,046178,7374/20/12$.28---23,311,092
10Simmons Harold CCB,DIR,BOValhiVHIB$42,8548014/24/12$53.50443,333---

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Insider Sales
#:Filer NameInsider TitlesCompany NameTickerTrans
Type
Dollar ValueShares TradedTrans Date
To
Ave Trans
Price
Direct
Holdings
Indirect
Holdings
1CCMP CapitalDIR,BOFrancesca SFRANJS*$467,281,15216,930,4764/23/12$27.60852,427---
2Bay Partners XBOGuidewire SoftwareGWREJS*,S$56,500,0022,000,0004/24/12$28.257,614,648421,639
3Schwab Charles RCB,DIR,BOSchwab CharlesSCHWS$24,333,7501,750,0004/23/12$13.884,413,233129,768,520
4Ryu MarcusCEO,DIRGuidewire SoftwareGWREJS*$13,962,478494,2474/24/12$28.25961,935---
5Schmidt Eric ECB,DIRGoogleGOOGAS$12,054,33220,0004/24/12$605.46---0
6Ramsey CraigDIRGuidewire SoftwareGWRES$11,300,000400,0004/24/12$28.251,465,598---
7Culp H Lawrence JrPR,CEO,DIRDanaherDHRAS$6,504,327123,6004/23/12$52.62850,158---
8Rangen Eric SVP,CAOUnitedhealthUNHS$2,244,73237,9254/23/12$59.1940,756---
9Marriott J W JrCB,DIR,BOMarriott InternationalMARS$2,144,80056,0004/23/12$38.30---502,274
10Terwilliger John FCEO,DIR,BOHouston American EnergyHUSAS$1,816,988985,5194/24/12$1.747,645,667---

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Source: Top Insider Trades 4/24/12: OPK, FRAN, PWON And GWRE