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There are many different strategies to trade and one of them is to look for insider purchases of stocks. Any insider trading from corporate officers, key employees, vice presidents, directors, senior management or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. Legal insider trading cannot be based on material non-public information; however, most investors believe that corporate insiders may have better insights into the growth of a company and its proceedings.

In this article, I will focus on notable insider share purchases filed at the Securities and Exchange Commission on July 02, 2012. I have also included the key financial positions of each company and insider trading summaries for three-month and 12-month periods. Use this list as a potential starting point for your analysis.

1. VMware, Inc (VMW): VMware provides virtualization and virtualization-based cloud infrastructure solutions in the United States and internationally. VMware has a market cap of $38.67 billion and is currently trading around $90.51 with a 52-week range of $74.69 to $118.79.

According to SEC filings on July 02, 2012, EMC Corp (EMC: 10% owner of VMware) purchased a total of 59,528 shares at a total value of $4,998,751. Over the past three months, there have been a total of 31 insider transactions, with 20 Buy transactions. The key financial metrics for VMware are given below:

The following chart provides the insider trading summary for 3 month and 12 month periods.

2. Williams-Sonoma, Inc. (WSM): Williams-Sonoma operates as a specialty retailer of home products. Williams-Sonoma has a market cap of $3.52 billion and is currently trading around $35.47 with a 52-week range of $27.90 to $40.76.

According to SEC filings on July 02, 2012, Dillon Adrian T (Director) purchased a total of 7,555 shares at a total value of $250,353 on June 28, 2012. Over the past three months, there have been a total of 17 insider transactions, with 3 Buy transactions. The key financial metrics for Williams-Sonoma are given below:

The following chart provides the insider trading summary for 3 month and 12 month periods.

3. CarMax, Inc. (KMX): CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. CarMax has a market cap of $5.96 billion and is currently trading around $26.10 with a 52-week range of $22.77 to $35.17.

According to SEC filings on July 02, 2012, Stemberg Thomas (Director) purchased a total of 2,500 shares at a total value of $62,725 on June 28, 2012. Over the past three months, there have been a total of 27 insider transactions, with 12 Buy transactions. The key financial metrics for CarMax are given below:

The following chart provides the insider trading summary for 3 month and 12 month periods.

Sources: Some of the data is sourced from Google Finance, Nasdaq,Finviz, Fidelity and SEC.gov.

Additional Disclosure: I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to investors to make the correct decision after necessary research.

Source: Notable Insider Purchases Filed On July 2