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There are many different strategies to trade stocks, and one of them is to find the insider trading of stocks. When corporate insiders trade in their own securities, they must report their trades to the Securities and Exchange Commission (SEC) usually within a few business days of the trade. Insider trading cannot be based on material non-public information. However, many investors believe that corporate insiders may have better insight into the growth of the 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 SEC on August 06, 2012. I have also included the key financial metrics for the first three companies. You can use this list as a potential starting point for your analysis.

Definition of an Insider: Corporate insiders are either a company's officers, directors, or any beneficial owners of more than 10% of a class of the company's equity securities registered under Section 12 of the Securities Exchange Act of 1934.

Rule 10b5-1 Definition: A rule established by the SEC that allows insiders of publicly traded corporations to create a trading plan of when and how to buy or sell shares in that company. Rule 10b5-1 allows major holders to buy or sell a predetermined number of shares at a predetermined time. 10b5-1 plans are used by many corporate insiders to avoid the accusations of insider trading, regardless of what nonpublic knowledge he/she may later come to possess.

1. Dell Inc (NASDAQ:DELL): Dell provides integrated technology solutions in the information technology industry worldwide. Dell has a market cap of $20.72 billion and is currently trading around $11.80 with a 52-week range of $11.39 to $18.36.The stock has fallen 19.34% year to date.

According to SEC filings on August 06, 2012, Gladden Brian T (Senior Vice President) sold a total of 68,750 shares at a total value of $799,558, through Rule 10b5-1 trading plan. The current stock price is fairly close to its 52-week low. Over the past three months, there have been a total of 13 insider transactions with two Sell transactions. The key financial metrics for Dell are given below:

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

2. Intel Corporation (NASDAQ:INTC): Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. Intel has a market cap of $131.63 billion and is currently trading around $26.31 with a 52-week range of $19.16 to $29.27. The stock has gained 8.49% year to date.

According to SEC filings on August 06, 2012, Sodhani Arvind (Executive Vice President & President of Intel Capital) sold a total of 50,000 shares at a total value of $1,309,060. Over the past three months, there have been a total of 27 insider transactions and all of them are Sell transactions. The key financial metrics for Intel are given below:

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

3. M&T Bank Corporation (NYSE:MTB): M&T Bank Corporation operates as the holding company for M&T Bank that provide commercial and retail banking services to individuals, corporations and other businesses, and institutions. M&T Bank has a market cap of $10.97 billion and is currently trading around $86.67 with a 52-week range of $66.40 to $88.00. The stock has gained 13.53% year to date.

According to SEC filings on August 06, 2012, Sadler Robert E Jr (Director) sold a total of 29,000 shares at a total value of $2,457,193. Over the past three months, there have been a total of 190 insider transactions with 90 Sell transactions. The key financial metrics for M&T Bank are given below:

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

Other notable insider selling transactions (minimum of 10,000 shares) from large-caps filed at the SEC on August 06, 2012, are as follows:

4. Altera Corporation (NASDAQ:ALTR): Altera Corporation is a semiconductor company, designs, manufactures, and markets programmable logic devices, HardCopy application-specific integrated circuit devices, pre-defined design building blocks, and associated development tools. Altera has a market cap of $11.34 billion and is currently trading around $35.46 with a 52-week range of $29.67 to $41.63. The stock has fallen 4.42% year to date. According to SEC filings on August 06, 2012, Hata William (Sr VP, WW Ops & Engineering) sold a total of 20,000 shares at a total value of $715,032.

5. JPMorgan Chase & Co (NYSE:JPM): JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $138.18 billion and is currently trading around $36.3 with a 52-week range of $27.85 to $46.49. The stock has gained 9.17% year to date. According to SEC filings on August 06, 2012, Petno Douglas B (Managing Director) sold a total of 15,338 shares at a total value of $555,878, through a Rule 10b5-1 trading plan.

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

Disclosure: I have no positions in any stocks mentioned, but may initiate a short position in DELL, JPM over the next 72 hours.

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 August 6