Seeking Alpha
Profile| Send Message|
( followers)  

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 9, 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. Stryker Corporation (SYK): Stryker Corporation, together with its subsidiaries, operates as a medical technology company. Stryker has a market cap of $20.44 billion and is currently trading around $53.67 with a 52-week range of $43.73 to $60.20. The stock has gained 7.97% year to date.

According to SEC filing on July 9, 2012, Stryker Ronda E (Director) sold a total of 27,000 shares at a total value of $1,449,290 and these shares sold pursuant to existing 10b5-1 plan adopted by the reporting person on February 15, 2012. Over the past three months, there have been a total of 66 insider transactions and all of them are Sell transactions. Key financial metric for Stryker is given below:

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

2. Monsanto Company (MON): Monsanto Company, together with its subsidiaries, provides agricultural products for farmers in the United States and internationally. Monsanto has a market cap of $44.10 billion and is currently trading around $82.74 with a 52-week range of $58.89 to $84.02. The stock has gained 18.08% year to date.

According to SEC filing on July 9, 2012, Fraley Robert T (EVP, Chief Technology Officer) sold a total of 14,893 shares at a total value of $1,217,659. Over the past three months, there have been a total of 24 insider transactions with 14 Sell transactions. On June 27, 2012, Monsanto reported strong third quarter of fiscal 2012 results. On July 9, 2012, IFR, a Thomson Reuters service mentioned that Monsanto sold $500 million of notes in two parts. Bank of America Merrill Lynch (BAC), Citigroup (C), JP Morgan (JPM), RBS and Wells Fargo (WFC) were the joint bookrunning managers for the sale. Key financial metric for Monsanto is given below:

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

3. E I Du Pont De Nemours And Co (DD): E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. E I Du Pont De Nemours and Co has a market cap of $44.48 billion and is currently trading around $47.47 with a 52-week range of $37.10 to $57.50.The stock has gained 3.69% year to date.

According to SEC filing on July 9, 2012, Vergnano Mark P (Executive Vice President) sold a total of 14,000 shares at a total value of $693,830. Over the past three months, there have been a total of 35 insider transactions with 3 Sell transactions. Key financial metric for E I Du Pont De Nemours and Co 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 $144.65 with a 52-week range of $107.54 to $149.39.The stock has gained 10.76% year to date. According to SEC filing on July 9, 2012, Blair Bryce (Chairman of the Board) sold a total of 5,718 shares at a total value of $822,363 and these shares sold pursuant to existing 10b5-1 plan adopted by the reporting person on June 4, 2012. Over the past three months, there have been a total of 37 insider transactions with 29 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.

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 Large-Cap Insider Sells Filed On July 9