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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 insights into the growth of a company and its proceedings.

In this article, I will focus on notable insider buy transactions (market cap greater than $100 million) filed at the Securities and Exchange Commission on October 18, 2012. I have also included the key financial metrics for these 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.

1. DaVita Inc (DVA): DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure, or end stage renal disease (ESRD) in the United States. DaVita Inc has a market cap of $10.70 billion and is currently trading around $113.07 with a 52-week range of $65.43 to $113.48. The stock has gained 49.15% year to date.

According to SEC filing on October 18, 2012, Berkshire Hathaway Inc (Beneficial Owner) purchased a total of 63,928 shares at a total value of $7,003,637. Please refer the footnotes from Form 4 for more information on the ownership. Over the past three months, there have been a total of 79 insider transactions with 38 Buy transactions. Key financial metrics for DaVita Inc is given below:

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

2. Resource America Inc (REXI): Resource America Inc operates as an asset management company. Resource America Inc has a market cap of $135.34 million and is currently trading around $6.68 with a 52-week range of $4.36 to $7.19. The stock has gained 43.35% year to date.

According to SEC filing on October 18, 2012, Cooperman Leon G (Beneficial Owner) purchased a total of 135,019 shares at a total value of $857,371. Please refer the footnotes from Form 4 for more information on the ownership. Over the past three months, there have been a total of 10 insider transactions with 9 Buy transactions. Key financial metrics for Resource America Inc is given below:

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

3. Hansen Medical Inc (HNSN): Hansen Medical develops, manufactures, and sells medical robotics designed for the positioning, manipulation, and control of catheters and catheter-based technologies. Hansen Medical has a market cap of $111.71 million and is currently trading around $1.82 with a 52-week range of $1.42 to $4.03. The stock has fallen 31.32% year to date.

According to SEC filing on October 18, 2012, Feinberg Larry N (Beneficial Owner) purchased a total of 155,155 shares at a total value of $283,779. Please refer the footnotes from Form 4 for more information on the ownership. Over the past three months, there have been a total of three insider transactions with two Buy transactions. Key financial metrics for Hansen Medical 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 transaction value of $100,000) filed with the SEC on October 18, 2012, are as follows:

4. Clough Global Opportunities Fund (GLO): Clough Global Opportunities Fund is a closed-end management investment company. The Fund's investment objective is to provide a high level of total return. The Fund seeks to achieve this objective by investing in equity and equity-related securities, as well as fixed income securities, including both corporate and sovereign debt. Clough Global Opportunities Fund has a market cap of $591.87 million and is currently trading around $11.44 with a 52-week range of $9.94 to $11.88. The stock has gained 8.23% year to date. According to SEC filing on October 18, 2012, Clough Charles Jr (Person affiliated w/ Inv. Adv.) purchased a total of 12,000 shares at a total value of $139,500.

5. PrivateBancorp Inc (PVTB): PrivateBancorp operates as the holding company for The PrivateBank and Trust Company that provides business and personal financial services to middle-market companies and business owners, executives, entrepreneurs, and families in the United States. PrivateBancorp has a market cap of $1.21 billion and is currently trading around $16.68 with a 52-week range of $8.42 to $17.42. The stock has gained 51.91% year to date. According to SEC filing on October 18, 2012, Nicholson James Bruce (Director) purchased a total of 6,000 shares at a total value of $102,360.

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

Source: Insiders Bought These Shares On October 18

Additional disclosure: I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.