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Michael Michaud is the founder of Invest2Success.com (http://www.invest2success.com/) and the Invest2Success Blog (http://invest2success.blogspot.com/). He has been investing and trading in the financial markets since 1989. He founded Invest2Success.com to empower individual institutional... More
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  • Weekly Top Insider Stock Buys And Sells 0 comments
    Oct 3, 2012 6:24 PM

    Insider Cow

    Profit From Insider Trading
    Insider behavior matters because research based on real-time signals has shown that a properly modeled picture of insider actions can provide the most accurate reflection of the prospects for the company, industry, economic sector, or even the stock market in general, going forward. This makes perfect sense from an intuitive perspective. Corporate insiders possess all the necessary skills and characteristics that one could use to describe the "successful" investor. These include: A deep knowledge and understanding of the company and/or industry; A demonstrated ability to produce success; The training necessary to understand risk and to control it; The wherewithal (capital) to take advantage of opportunity when it presents itself and finally; A tendency to go against the crowd. In general, insider buys are more useful. Since insiders have exclusive information on the company performance, if they are risking their own money on the stock, usually they should have good reasons, especially when several insiders buy the stock at the same time.

    October 01, 2012 - Weekly Top Insider Stock Buys and Sells - Review Entire Article Below

    What Is Legal and Illegal Insider Trading?

    Insider trading can commonly mean two things. Illegal and legal insider trading. In the simplest terms its the buying or selling of a security by someone who has access to material nonpublic information about the security.

    Insider trading can either be legal or illegal. Its illegal when information about a company is not public and any trading done with its stock is unfair to other investors and traders who don't know or have access to the information. So illegal insider trading normally happens when others are informed of such non-public information. Company directors and board members as well as brokers and close relatives can be found guilty of insider trading.

    Legal insider trading is when company information has been made public, then the company insider does not have an advantage over other investors and traders. Part of legal insider trading practices is the filing of all insider transactions with the Federal Securities Exchange Commission. The potential exists for non-insiders to profit from insider buying and selling is to analyze company insiders buy sell transaction reports. If an insider is buying or selling especially in large amounts it could be an indication the companies earnings performance and subsequent stock price could be affected providing reqular investors and traders to profit from.

    Guru Focus

    Stock Picks of Guru Investors
    GuruFocus is dedicated to value investing. As employed by Warren Buffett, the greatest investor of all time, value investing is the only winning strategy for the long term. GuruFocus hosts numerous value screeners and research tools, and regularly publishes articles about value investing strategies and ideas. GuruFocus also publishes three newsletters: Monthly Ben Graham Net-Net, Buffett-Munger Best Bargains and Microcap Magic Formula Stocks.

    Why Track Insiders Buying and Selling Their Own Stock?

    Insider behavior matters because research based on real-time signals has shown that a properly modeled picture of insider actions can provide the most accurate reflection of the prospects for the company, industry, economic sector, or even the stock market in general, going forward.

    This makes perfect sense from an intuitive perspective. Corporate insiders possess all the necessary skills and characteristics that one could use to describe the "successful" investor. These include: A deep knowledge and understanding of the company and/or industry; A demonstrated ability to produce success; The training necessary to understand risk and to control it; The wherewithal (capital) to take advantage of opportunity when it presents itself and finally; A tendency to go against the crowd.

    Further, insider buys are especially useful. Since insiders have exclusive information on the company performance, if they are risking their own money on the stock, usually they should have good reasons, especially when several insiders buy the stock at the same time.

    October 01, 2012 - Weekly Top Insider Stock Buys and Sells by GuruFocus

    Susser Petroleum (SUSP): CEO and Chairman of the Board Sam L. Susser Bought 351,220 Shares

    CEO and Chairman of the Board of (SUSP) Susser Petroleum Partners Sam L. Susser bought 351,220 shares on 09/25/2012 at an average price of $24. Susser Petroleum Partners LP is primarily engaged in fee-based wholesale distribution of motor fuels to Susser Holdings Corporation and third parties. Susser Petroleum has a market cap of $262.53 million; its shares were traded at around $24 .

    SUSP recently reported strong financial and operating results for the second quarter ended July 1, 2012. Same-store merchandise sales increased by 8 percent, compared with growth of 5.8 percent in the prior-year period. Average retail gallons per store also increased 8 percent year-over-year, versus growth of 3.6 percent a year earlier.

    Executive Vice President, CFO and Treasurer Mary E. Sullivan bought 25,000 shares of SUSP stock on 09/25/2012 at the average price of $20.5. Mary E. Sullivan owns at least 5,000 shares after this. The price of the stock has increased by 17.07% since. Other insiders have also increased their positions in the company.

    Rovi Corporation (NASDAQ:ROVI): President and CEO Tom Carson Bought 15,000 Shares

    President and CEO of Rovi Corporation (ROVI) Tom Carson bought 15,000 shares on 09/25/2012 at an average price of $14.51. Rovi Corporation, formerly Macrovision Solutions Corporation, provides a set of solutions that enable businesses to protect, enable and distribute their digital goods to consumers and allows consumers the ability to discover and manage digital media across multiple channels. Rovi Corporation has a market cap of $1.58 billion; its shares were traded at around $14.51 with a P/E ratio of 11.61 and P/S ratio of 2.29. Rovi Corporation had an annual average earnings growth of 6.1% over the past 10 years. GuruFocus rated Rovi Corporation the business predictability rank of 2.5-star.

    Jean-Marie Eveillard owns 184 shares as of 06/30/2012, which accounts for less than 0.01% of the $25.72 billion portfolio of First Eagle Investment Management LLC. PRIMECAP Management sold out his holdings in the quarter that ended on 06/30/2012.

    CFO Peter Halt sold 2,691 shares of ROVI stock on 09/04/2012 at the average price of 14.16. Peter Halt owns at least 58,757 shares after this. The price of the stock has increased by 2.47% since.

    Zale Corporation (NYSE:ZLC): CEO Theo Killion Bought 4,000 Shares

    CEO of Zale Corporation (ZLC) Theo Killion bought 4,000 shares on 09/24/2012 at an average price of $6.9. Zale Corporation is a specialty retailer of fine jewelry. Zale Corporation has a market cap of $222.32 million; its shares were traded at around $6.9 with and P/S ratio of 0.12.

    Zale recently reported its fiscal fourth quarter 2012 financial results. Revenues were $407 million, an increase of $30 million, or 7.9 percent, compared to $377 million in the fourth quarter of fiscal 2011.

    10% Owner Capital Management LLC Breeden sold 256,343 shares of ZLC stock on 05/15/2012 at the average price of 2.27. Capital Management LLC Breeden owns at least 5,679,071 shares after this.

    Midway Gold Corp. (NYSEMKT:MDW): President and CEO Kenneth Arnold Brunk Bought 12,000 Shares

    President and CEO of Midway Gold Corp. (MDW) Kenneth Arnold Brunk bought 12,000 shares on 09/25/2012 at an average price of $1.64. Midway Gold Corp. is a precious metals company with a vision to explore, design, build, and operate gold mines. Midway Gold Corp. has a market cap of $209.71 million; its shares were traded at around $1.64 .

    Chris Davis owns 25,000 shares as of 06/30/2012, which accounts for less than 0.01% of the $43.07 billion portfolio of Davis Selected Advisers.

    Progenics Pharmaceuticals Inc. (NASDAQ:PGNX): CEO Mark Robert Baker Bought 1,036 Shares

    CEO of Progenics Pharmaceuticals Inc. (PGNX) Mark Robert Baker bought 1,036 shares on 09/26/2012 at an average price of $2.88. Progenics Pharmaceuticals Inc. is a biopharmaceutical company focusing on the development & commercialization of innovative therapeutic products to treat the unmet medical needs of patients with debilitating conditions and life-threatening diseases. Progenics Pharmaceuticals Inc. has a market cap of $97.58 million; its shares were traded at around $2.88 with and P/S ratio of 1.15.

    PGNX recently reported its second quarter 2012 financial results. Net loss for the quarter was $10.7 million or $0.32 basic and diluted per share, compared to net income of $55.5 million or $1.64 per share in 2011.

    Senior Vice President Medical Affairs Robert J. Israel sold 1,000 shares of PGNX stock on 07/02/2012 at the average price of $9.79. Robert J. Israel owns at least 35,050 shares after this. The price of the stock has decreased by 70.58% since. Other insiders have also increased their positions in the company.

    Marsh & McLennan Companies Inc (NYSE:MMC): Vice Chairman, Office of CEO David A. Nadler Sold 267,434 Shares

    Vice Chairman, Office of CEO of Marsh & McLennan Companies Inc. (MMC) David A Nadler sold 267,434 shares on 09/25/2012 at an average price of $34.22. Marsh & McLennan is primarily a holding company which, through its subsidiaries and affiliates, provides clients with analysis, advice and transactional capabilities in the fields of risk and insurance services, investment management and consulting. Marsh & Mclennan Companies Inc. has a market cap of $18.46 billion; its shares were traded at around $33.91 with a P/E ratio of 17.67 and P/S ratio of 1.6. The dividend yield of Marsh & Mclennan Companies Inc. stocks is 2.71%.

    Consolidated revenue was $3 billion and net income was $329 million for Marsh & McLennan Companies Inc's 2012 second quarter financial results.

    Vice Chairman, Office of CEO David A. Nadler sold 267,434 shares of MMC stock on 09/25/2012 at the average price of $34.22. Senior Vice President, Chief Risk and Compliance Officer E. Scott Gilbert and Senior Vice President and Chief HR Officer Laurie Ledford sold 37,010 shares of MMC stock in September.

    Trulia Inc. (TRLA): Chairman, CEO and 10% Owner Peter Flint Sold 209,600 Shares

    Chairman, CEO and 10% Owner of Trulia Inc. (TRLA) Peter Flint sold 209,600 shares on 09/25/2012 at an average price of $15.81. Trulia Inc. is an online marketplace for homebuyers, sellers, renters and real estate professionals. Trulia Inc. has a market cap of $565 million; its shares were traded at around $21.42.

    Chairman, CEO and 10% Owner Peter Flint sold 209,600 shares of TRLA stock on 09/25/2012 at the average price of $15.81. Peter Flint owns at least 2,456,810 shares after this. The price of the stock has increased by 35.48% since. Director Robert Moles, Director Gregory Waldorf, Vice President, General Counsel and Corporate Secretary Scott Darling and Vice President Engineering Daniele Farnedi sold 90,900 shares of TRLA stock on 09/25/2012.

    Raytheon Company (NYSE:RTN): Chairman and CEO William H. Swanson Sold 200,000 Shares

    Chairman and CEO of Raytheon Company (RTN) William H. Swanson sold 200,000 shares on 09/24/2012 at an average price of $57.83. Raytheon Company is a global technology company. The company provides products and services in the areas of defense and commercial electronics, engineering and construction, and business and special mission aircraft. Raytheon Company has a market cap of $18.98 billion; its shares were traded at around $57.15 with a P/E ratio of 9.53 and P/S ratio of 0.76. The dividend yield of Raytheon Company stocks is 3.5%. Raytheon Company had an annual average earnings growth of 9.8% over the past 10 years. GuruFocus rated Raytheon Company the business predictability rank of 2.5-star.

    Raytheon Company reported their 2012 second quarter financial results. The company reported net income of $470 million and revenues of $5.99 billion.

    Chairman and CEO William H. Swanson sold 242,187 shares of RTN stock in June and September. Vice President Taylor W. Lawrence, Vice President, Controller and CAO Michael J. Wood, Director Vernon E. Clark, Vice President John D. Harris and Senior Vice President Thomas M. Culligan sold 37,029 shares of RTN stock un June, August and September.

    Intellicheck Mobilisa Inc. (NYSEMKT:IDN): CEO Steven Durrelle Williams Sold 191,887 Shares

    CEO of Intellicheck Mobilisa Inc. (IDN) Steven Durrelle Williams sold 191,887 shares on 09/20/2012 at an average price of $1.84. Intellicheck Mobilisa is a technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets. Intellicheck Mobilisa Inc. has a market cap of $45.91 million; its shares were traded at around $1.7 with a P/E ratio of 167 and P/S ratio of 3.68.

    Revenues for Intellicheck Mobilisa Inc.'s 2012 second quarter results were $3.44 million and their net income was $61 thousand.

    CEO Steven Durrelle Williams sold 191,887 shares of IDN stock on 09/20/2012 at the average price of 1.84. CFO, Secretary and Treasurer Billy Joe White bought 5,800 shares of IDN stock on 05/11/2012 at the average price of $1.73. Director Guy L. Smith bought 6,896 shares of IDN stock in May and August.

    Click here to review more insider buy sell data and stock picks.

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