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There are many different strategies to trade and one of them is to find insider trading 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 sell transactions from large-cap companies (market cap greater than $10 billion) filed at the Securities and Exchange Commission on July 06, 2012. I have also included the key financial position for these companies. You can use this list as a potential starting point for your analysis.

1. Kellogg Company (K): Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. Kellogg has a market cap of $17.56 billion and is currently trading around $49.12 with a 52-week range of $47.88 to $56.39.

According to SEC filing on July 06, 2012, Kellogg W K Foundation Trust sold a total of 84,200 shares at a total value of $4,169,946. Over the past three months, there have been a total of 17 insider transactions with 7 Sell transactions. Key financial metric for Kellogg is given below:

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

2. Discover Financial Services (DFS): Discover Financial Services, a bank holding company, offers direct banking and payment services in the United States. Discover Financial Services has a market cap of $18.18 billion and is currently trading around $35.31 with a 52-week range of $20.51 to $35.72.

According to SEC filing on July 06, 2012, Minetti Carlos (Executive Vice President) sold a total of 14,475 shares at a total value of $512,415. Over the past three months, there have been a total of 12 insider transactions with two Sell transactions. The current price is fairly close to its 52-week high. Key financial metric for Discover Financial Services is given below:

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

3. Las Vegas Sands Corp (LVS): Las Vegas Sands Corp., together with its subsidiaries, owns, develops, and operates various integrated resort properties primarily in the United States, Macau, and Singapore. Las Vegas Sands Corp has a market cap of $34.88 billion and is currently trading around $42.39 with a 52-week range of $36.08 to $62.09.

According to SEC filing on July 06, 2012, Tanasijevich George (Pres & CEO, Marina Bay Sands) sold a total of 6,555 shares at a total value of $282,245. These shares were sold to pay taxes in connection with the vesting of certain restricted shares granted under the Issuer's 2004 Equity Award Plan. Over the past three months, there have been a total of 10 insider transactions with three Sell transactions. Key financial metric for Las Vegas Sands Corp is given below:

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

4. AvalonBay Communities, Inc (AVB): AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. AvalonBay Communities has a market cap of $13.79 billion and is currently trading around $144.59 with a 52-week range of $107.54 to $149.39. The stock has gained 10.71% year to date.

According to SEC filing on July 06, 2012, Blair Bryce (Chairman of the Board) sold a total of 5,718 shares at a total value of $818,932. Over the past three months, there have been a total of 36 insider transactions with 28 Sell transactions. Key financial metric for AvalonBay Communities is given below:

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

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

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. The information and data is believed to be accurate, but no guarantees or representations are made.

Source: Notable Large-Cap Insider Sells Filed On July 6