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

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Includes: FRAN, GBLI, GWRE, OPK, SCHW
by: InsiderInsights

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 Name Insider Titles Company Name Ticker Trans
Type
Dollar Value Shares Traded Trans Date
To
Ave Trans
Price
Direct
Holdings
Indirect
Holdings
1 Frost Phillip MD et al CEO,CB,BO Opko Health OPK B $293,773 60,000 4/23/12 $4.95 --- 111,115,856
2 Lu Joseph CEO,DIR,BO Powin OTCQB:PWON JB*,B $269,969 673,900 4/20/12 $.40 67,270,000 ---
3 Richmond Hill Investments BO Global Indemnity GBLI B $222,937 12,567 4/24/12 $17.71 --- 1,887,164
4 Morgan John K CB,PR,CEO ZEP ZEP B $102,900 7,500 4/23/12 $13.72 245,193 ---
5 Derosa Paul R DIR Intervest Bancshares IBCA JB* $99,500 25,000 4/20/12 $3.98 136,500 ---
6 Todd Stephen M DIR Dover DOV B $89,880 1,500 4/23/12 $59.92 6,166 ---
7 Shaw Thomas J CEO,DIR,BO Retractable Technologies RVP JB* $63,500 50,000 4/23/12 $1.27 7,865,642 ---
8 Gabelli Mario J BO LGL LGL B $50,298 6,900 4/20/12 $7.29 --- 77,900
9 Frost Phillip MD et al DIR,BO Castle Brands ROX B $50,046 178,737 4/20/12 $.28 --- 23,311,092
10 Simmons Harold C CB,DIR,BO Valhi VHI B $42,854 801 4/24/12 $53.50 443,333 ---
Click to enlarge

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

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value Shares Traded Trans Date
To
Ave Trans
Price
Direct
Holdings
Indirect
Holdings
1 CCMP Capital DIR,BO Francesca S FRAN JS* $467,281,152 16,930,476 4/23/12 $27.60 852,427 ---
2 Bay Partners X BO Guidewire Software GWRE JS*,S $56,500,002 2,000,000 4/24/12 $28.25 7,614,648 421,639
3 Schwab Charles R CB,DIR,BO Schwab Charles SCHW S $24,333,750 1,750,000 4/23/12 $13.88 4,413,233 129,768,520
4 Ryu Marcus CEO,DIR Guidewire Software GWRE JS* $13,962,478 494,247 4/24/12 $28.25 961,935 ---
5 Schmidt Eric E CB,DIR Google GOOG AS $12,054,332 20,000 4/24/12 $605.46 --- 0
6 Ramsey Craig DIR Guidewire Software GWRE S $11,300,000 400,000 4/24/12 $28.25 1,465,598 ---
7 Culp H Lawrence Jr PR,CEO,DIR Danaher DHR AS $6,504,327 123,600 4/23/12 $52.62 850,158 ---
8 Rangen Eric S VP,CAO Unitedhealth UNH S $2,244,732 37,925 4/23/12 $59.19 40,756 ---
9 Marriott J W Jr CB,DIR,BO Marriott International MAR S $2,144,800 56,000 4/23/12 $38.30 --- 502,274
10 Terwilliger John F CEO,DIR,BO Houston American Energy HUSA S $1,816,988 985,519 4/24/12 $1.74 7,645,667 ---
Click to enlarge

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

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.