Top Insider Trades May 4, 2012

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 |  Includes: JRN, KEYN, SLG, STEI
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 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 (NASDAQ:KEYN);
- Pentwater Capital adding to their recent, large investment in Stewart Enterprises (NASDAQ:STEI);
- MSDC Management bolstering their positoin in Journal Communications (NYSE:JRN) as it experienced its April swoon, and:
- the Charman of SL Green (NYSE: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.

 

 

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 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 ---
Click to enlarge

Source: InsiderInsights.com | Key to Insider Title and Transaction 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 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 ---
Click to enlarge

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.