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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 mid-cap companies (market cap between $2 billion and $10 billion) filed at the Securities and Exchange Commission on July 6, 2012. I have also included the key financial position of each company. You can use this list as a potential starting point for your analysis.

1. PVH Corp (PVH): PVH Corp operates as an apparel company in the United States, Canada, Europe, and internationally. Its portfolio of brands includes Calvin Klein, Tommy Hilfiger brands, Van Heusen, IZOD, Bass, ARROW and Eagle, which are owned brands, and Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, JOE Joseph Abboud, MICHAEL Michael Kors, Michael Kors Collection and CHAPS. PVH Corp has a market cap of $5.37 billion and is currently trading around $79.68 with a 52-week range of $51.15 to $93.06.The stock has gained 13.04% year to date.

According to SEC filing on July 6, 2012, PVH Corp had 2 insiders (CEO and COO of Tommy Hilfiger) combine sold a total of 52,656 shares at a total value of $4,280,744 and this sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Elmira 5 B.V. on April 5, 2012. Multiple insider selling are usually a negative sign. Over the past three months, there have been a total of 52 insider transactions with 41 Sell transactions. Key financial metric for PVH Corp is given below:

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

2. AMETEK, Inc (AME): AMETEK manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. AMETEK has a market cap of $5.45 billion and is currently trading around $33.91 with a 52-week range of $20.58 to $35.20.The stock has gained 20.68% year to date.

According to SEC filing on July 6, 2012, AMETEK had 2 insiders combine sold a total of 11,200 shares at a total value of $384,795. Multiple insider selling are usually a negative sign. Over the past three months, there have been a total of 41 insider transactions with 28 Sell transactions. Key financial metric for AMETEK is given below:

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

3. Western Refining, Inc (WNR): Western Refining operates as an independent crude oil refiner and marketer of refined products. Western Refining has a market cap of $2.19 billion and is currently trading around $24.09 with a 52-week range of $11.17 to $24.32.The stock has gained 81.26% year to date.

According to SEC filing on July 6, 2012, Dalke Gary R (Chief Financial Officer) sold a total of 10,000 shares at a total value of $240,000 and these trades were conducted pursuant to a 10b5-1 plan. Over the past three months, there have been a total of 55 insider transactions and all of them are Sell transactions. The current price is fairly close to its 52-week high. Key financial metric for Western Refining 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.

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

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