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There are many different strategies to trade stocks and one of them is to find 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 buy transactions (market cap greater than $250 million) filed at the Securities and Exchange Commission on August 08, 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 Insider: Corporate insiders are either a company's officers, directors, or any beneficial owners of more than ten percent 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. LHC Group, Inc (NASDAQ:LHCG): LHC Group provides post-acute health care services primarily to Medicare beneficiaries throughout the United States. LHC Group has a market cap of $321.39 million and is currently trading around $16.96 with a 52-week range of $12.34 to $20.31. The stock has gained 32.19% year to date.

According to SEC filing on August 08, 2012, Coliseum Capital Management, LLC (Beneficial Owner) purchased a total of 84,546 shares at a total value of $1,398,679. Over the past three months, there have been a total of 7 insider transactions with 2 Buy transactions. Key financial metrics for LHC Group is given below:

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

2. Investors Real Estate Trust (NYSE:IRET): Investors Real Estate Trust, a real estate investment trust (REIT), engages in the ownership and operation of income-producing real estate properties in the United States. Investors Real Estate Trust has a market cap of $629.72 million and is currently trading around $7.93 with a 52-week range of $6.44 to $8.36. The stock has gained 8.7% year to date.

According to SEC filing on August 08, 2012, Investors Real Estate Trust had three insiders combine purchased a total of 36,000 shares at a total value of $900,000 and these shares were purchased pursuant to the Directed Share Program in connection with the public offering of the Series B preferred shares. Multiple insider purchases are usually a positive sign. Over the past three months, there have been a total of 24 insider transactions and all of them are Buy transactions. Key financial metrics for Investors Real Estate Trust is given below:

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

3. Inland Real Estate Corporation (NYSE:IRC): Inland Real Estate Corporation, a real estate investment trust (REIT), engages in the ownership, operation, and development of shopping centers and single-tenant retail properties in the Midwest region of the United States. Inland Real Estate Corporation has a market cap of $720.58 million and is currently trading around $8.09 with a 52-week range of $6.15 to $9.32. The stock has gained 6.31% year to date.

According to SEC filing on August 08, 2012, Goodwin Daniel L (Director and Beneficial Owner) purchased a total of 34,000 shares at a total value of $272,832. Over the past three months, there have been a total of 14 insider transactions and all of them are Buy transactions. Key financial metrics for Inland Real Estate Corporation is given below:

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

Other notable insider buy transactions (minimum of 6,000 shares) filed at the SEC on August 08, 2012, are as follows:

4. Boston Scientific Corporation (NYSE:BSX): Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. Boston Scientific has a market cap of $7.62 billion and is currently trading around $5.38 with a 52-week range of $4.79 to $6.90. The stock has gained 0.75% year to date. According to SEC filing on August 08, 2012, Mario Ernest (Director) purchased a total of 32,000 shares at a total value of $169,280.

5. American Capital Agency Corp (NASDAQ:AGNC): American Capital Agency Corp. operates as a real estate investment trust (REIT). American Capital Agency has a market cap of $2.18 billion and is currently trading around $33.56 with a 52-week range of $22.84 to $35.58. The stock has gained 19.52% year to date. According to SEC filing on August 08, 2012, Kain Gary D (President and CIO) purchased a total of 20,000 shares at a total value of $655,000.

6. WMS Industries Inc (NYSE:WMS-OLD): WMS Industries engages in the design, manufacture, and distribution of games, video and mechanical reel-spinning gaming machines, and video lottery terminals (VLTs) for the legalized gaming industry worldwide. WMS Industries has a market cap of $880.73 million and is currently trading around $15.99 with a 52-week range of $13.90 to $25.30. The stock has fallen 22.08% year to date. According to SEC filing on August 08, 2012, Gamache Brian R (Chairman & CEO) purchased a total of 16,400 shares at a total value of $247,476.

7. EnPro Industries, Inc (NYSE:NPO): EnPro Industries engages in the design, development, manufacture, and marketing of engineered industrial products primarily in the United States and Europe. EnPro Industries has a market cap of $686.14 million and is currently trading around $33.34 with a 52-week range of $27.22 to $44.50. The stock has gained 1.09% year to date. According to SEC filing on August 08, 2012, EnPro Industries had two insiders combine purchased a total of 14,900 shares at a total value of $495,425. Multiple insider purchases are usually a positive sign.

8. Fifth Third Bancorp (NASDAQ:FITB): Fifth Third Bancorp operates as a diversified financial services holding company in the United States. Fifth Third Bancorp has a market cap of $13.14 billion and is currently trading around $14.3 with a 52-week range of $9.13 to $14.73.The stock has gained 12.42% year to date. According to SEC filing on August 08, 2012, Schiff John J JR (Director) purchased a total of 10,000 shares at a total value of $143,100.

9. Tyson Foods, Inc (NYSE:TSN): Tyson Foods engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. Tyson Foods has a market cap of $5.84 billion and is currently trading around $15.97 with a 52-week range of $14.06 to $21.06. The stock has fallen 22.63% year to date. According to SEC filing on August 08, 2012, Banister Gaurdie E JR (Director) purchased a total of 8,450 shares at a total value of $124,272.

10. Ferro Corporation (NYSE:FOE): Ferro Corporation engages in the production and sale of specialty materials and chemicals in the Untied States and internationally. Ferro Corporation has a market cap of $283.95 million and is currently trading around $3.28 with a 52-week range of $2.65 to $9.52. The stock has fallen 32.92% year to date. According to SEC filing on August 08, 2012, Rutherford Jeffrey L (Vice President and CFO) purchased a total of 8,300 shares at a total value of $25,183.

11. Valhi, Inc (NYSE:VHI): Valhi operates in the chemicals, component products, and waste management businesses. Valhi has a market cap of $3.91 billion and is currently trading around $11.52 with a 52-week range of $10.67 to $21.52. The stock has fallen 42.86% year to date. According to SEC filing on August 08, 2012, Simmons Harold C (Chairman of the Board) purchased a total of 8,000 shares at a total value of $92,030.

12. MFA Financial, Inc (NYSE:MFA): MFA Financial, a real estate investment trust (REIT), invests in residential agency and non-agency mortgage-backed securities (MBS). MFA Financial has a market cap of $2.81 billion and is currently trading around $7.86 with a 52-week range of $6.23 to $8.17. The stock has gained 16.96% year to date. According to SEC filing on August 08, 2012, MFA Financial had three insiders combine purchased a total of 7,300 shares at a total value of $56,888. Multiple insider purchases are usually a positive sign.

13. Walter Energy, Inc (NYSE:WLT): Walter Energy produces and exports metallurgical coal for the steel industry primarily in the United States. Walter Energy has a market cap of $2.31 billion and is currently trading around $37.02 with a 52-week range of $31.33 to $97.30. The stock has fallen 38.87% year to date. According to SEC filing on August 08, 2012, Walter Energy had two insiders combine purchased a total of 6,450 shares at a total value of $239,521.

14. Air Transport Services Group Inc (NASDAQ:ATSG): Air Transport Services Group provides airline operations, aircraft leases, aircraft maintenance, and other support services primarily to the cargo transportation and package delivery industries. Air Transport Services Group has a market cap of $278.16 million and is currently trading around $4.33 with a 52-week range of $3.86 to $6.88. The stock has fallen 8.26% year to date. According to SEC filing on August 08, 2012, Air Transport Services Group had three insiders combine purchased a total of 6,000 shares at a total value of $24,640.

Source: 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 Insider Buys Filed On August 8