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 Friday, May 4, 2012 as ranked by dollar value.
Notable insider transactions from today's tables include:
- Empire Capital Mgt buying the gap down at Keynote Systems (KEYN);
- Pentwater Capital adding to their recent, large investment in Stewart Enterprises (STEI);
- MSDC Management bolstering their positoin in Journal Communications (JRN) as it experienced its April swoon, and:
- the Charman of SL Green (SLG) selling into strength, and leaving himself with an historically low amount of subsequent holdings.
More About InsiderInsights' Top Trades Tables
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 at Insider Insights, 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 columns as the initial research tools they are meant to be, and come to InsiderInsights.com to analyze a company's or insider's full insider history. Also feel free to email with any questions on our proprietary insider data, and how it is best analyzed.
| #: | Filer Name | Insider Titles | Company Name | Ticker | Trans Type | Dollar Value | Shares Traded | Trans Date To | Ave Trans Price | Direct Holdings | Indirect Holdings |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cascade Investment | BO | Republic Services | RSG | B | $39,118,888 | 1,431,914 | 5/2/12 | $27.32 | 68,856,480 | --- |
| 2 | Empire Capital Mgt | BO | Keynote Systems | KEYN | B | $9,093,796 | 595,600 | 5/3/12 | $15.00 | --- | 2,555,000 |
| 3 | He Guangwen | CB,CEO,BO | HQ Global Education | HQGE | JB* | $5,959,360 | 11,348,500 | 4/23/12 | $.64 | --- | 25,411,500 |
| 4 | Pentwater Capital Mgt | BO | Stewart Enterprises | STEI | B | $5,382,407 | 865,000 | 5/4/12 | $6.25 | --- | 10,300,000 |
| 5 | MSDC Management | BO | Journal Communications | JRN | B | $4,930,047 | 1,205,500 | 5/4/12 | $4.06 | --- | 5,636,609 |
| 6 | Friedman Brian P | BO | Edgen | EDG | B | $680,938 | 76,040 | 5/2/12 | $8.96 | 274,135 | --- |
| 7 | Donegan Mark | BO | Cadiz | CDZI | B | $542,080 | 60,500 | 5/2/12 | $8.96 | --- | 560,500 |
| 8 | Redfern Dominic | BO | Cadiz | CDZI | B | $542,080 | 60,500 | 5/2/12 | $8.96 | --- | 560,500 |
| 9 | Tamer Ford | PR,CEO,DIR | Inphi | IPHI | B | $305,844 | 30,000 | 5/3/12 | $10.19 | 308,822 | --- |
| 10 | Carter George J | PR,DIR | Franklin Street Properties | FSP | B | $201,400 | 20,000 | 5/4/12 | $10.07 | 936,531 | --- |
Source: InsiderInsights.com | Key to Insider Title and Transaction Type Codes
| #: | Filer Name | Insider Titles | Company Name | Ticker | Trans Type | Dollar Value | Shares Traded | Trans Date To | Ave Trans Price | Direct Holdings | Indirect Holdings |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Liberty Interactive | BO | Tripadvisor | TRIP | JS*,S | $338,002,120 | 8,450,000 | 5/3/12 | $41.38 | --- | 13,359,904 |
| 2 | Paulson & Co | BO | Delphi Automotive | DLPH | S | $33,451,067 | 1,092,122 | 5/4/12 | $30.32 | 1,066,098 | 1,167,582 |
| 3 | Green Stephen L | CB,DIR | Sl Green Realty | SLG | S | $4,872,365 | 58,774 | 5/2/12 | $82.90 | 28,453 | --- |
| 4 | Logan Barry S | VP,DIR | Watsco | WSO | JS* | $2,738,528 | 37,500 | 5/2/12 | $73.24 | 0 | --- |
| 5 | Jaffer Rehan | BO | Six Flags Entertainment | SIX | S | $2,415,000 | 50,000 | 5/2/12 | $48.30 | --- | 12,779,300 |
| 6 | Shaaltiel Yoseph | VP,DIR | Protalix Biotherapeutics | PLX | AS | $2,139,000 | 300,000 | 5/2/12 | $7.13 | 463,754 | --- |
| 7 | Anderson Richard H | CEO,DIR | Delta Air Lines | DAL | S | $1,919,247 | 175,000 | 5/4/12 | $10.98 | 1,572,941 | --- |
| 8 | Crosslink Capital | O | Equinix | EQIX | S | $1,632,858 | 10,000 | 5/2/12 | $163.29 | --- | 192,794 |
| 9 | Nordstrom James F Jr | VP | Nordstrom | JWN | AS | $1,124,381 | 19,720 | 5/2/12 | $57.02 | --- | 19,715 |
| 10 | Ferris Peter | SO | Equinix | EQIX | S | $1,010,600 | 6,200 | 5/2/12 | $163.00 | 20,293 | --- |
Source: InsiderInsights.com | Key to Insider Title and Transaction Type Codes
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
