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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 17, 2012 7:21 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 15, 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 15, 2012 - Weekly Top Insider Stock Buys and Sells by GuruFocus

    Genesis Energy LP (NYSE:GEL): CEO Grant E. Sims Bought 216,334 Shares

    CEO of Genesis Energy LP, Grant E. Sims bought 216,334 shares on 10/05/2012 at an average price of $33.19. Genesis operates crude oil common carrier pipelines and is an independent gatherer and marketer of crude oil in North America, with operations concentrated in Texas, Louisiana, Alabama, Florida, Mississippi and New Mexico. Genesis has a market cap of $2.69 billion; its shares were traded at around $33.19 with a P/E ratio of 35.3 and a P/S ratio of 0.9. The dividend yield of Genesis stocks is 5.4 percent and it had an annual average earnings growth of 6.1 percent over the past 10 years.

    Genesis Energy recently reported its second quarter 2012 financial results. For the second quarter of 2012, the company generated a record total available cash before reserves of $43.2 million, an increase of $11.3 million, or 35 percent, over the second quarter of 2011.

    Mario Gabelli owns 35,200 shares as of 06/30/2012, a decrease of 23.48 percent of from the previous quarter. This position accounts for 0.0077 percent of the $13.31 billion portfolio of GAMCO Investors.

    Director James E. Davison bought 540,547 shares of GEL stock on 10/05/2012 at the average price of $30. Davison owns at least 3,550,803 shares after this. The price of the stock has increased by 10.63 percent since. There are mixed trades from other insiders.

    Winmark Corporation (NASDAQ:WINA): Chairman and CEO, 10% Owner John L. Morgan Bought 2,000 Shares

    Chairman and CEO, and 10% Owner of Winmark Corporation (WINA), John L. Morgan bought 2,000 shares on 10/10/2012 at an average price of $51.53. Winmark Corporation is a company that franchises seven retail concepts, which buy, sell, trade and consign merchandise. Winmark Corporation has a market cap of $267.9 million; its shares were traded at around $51.53 with a P/E ratio of 18.9 and a P/S ratio of 5.2. The dividend yield of Winmark Corporation stocks is 0.3 percent. Winmark Corporation had an annual average earnings growth of 15.5 percent over the past 10 years.

    Joel Greenblatt owns 3,926 shares as of 06/30/2012, a decrease of 51.61 percent from the previous quarter. This position accounts for 0.017 percent of the $1.36 billion portfolio of Gotham Capital.

    Ladenburg Thalmann Financial Services (NYSEMKT:LTS): President and CEO Richard Lampen Bought 10,000 Shares

    President and CEO of Ladenburg Thalmann Financial Services (LTS) Richard Lampen bought 10,000 shares on 10/10/2012 at an average price of $1.23. Ladenburg Thalmann Financial Services is a holding company engaged in the retail and institutional securities brokerage business and, through its subsidiary GBI Capital Partners, Inc. Ladenburg Thalmann Financial Services has a market cap of $233.5 million; its shares were traded at around $1.23 with and a P/S ratio of 0.8.

    Second quarter 2012 revenues were at $163.4 million, a 171 percent increase from revenues of $60.2 million in the second quarter of 2011. Net loss for the second quarter was $5 million or $0.03 per basic and diluted share as compared to net income of $200,000 in the comparable 2011 period.

    Director, 10% Owner Phillip Md Et Al Frost bought 20,000 shares of LTS stock on 10/11/2012 at the average price of 1.25. Phillip Md Et Al Frost owns at least 54,087,130 shares after this. The price of the stock has decreased by 1.6 percent since.

    Infoblox Inc. (NYSE:BLOX): Chief Financial Officer Remo Canessa Sold 94,000 Shares

    Infoblox Chief Financial Officer, Remo Canessa, sold 94,000 shares of BLOX stock on 10/11/2012 at the average price of $20. Canessa owns at least 353,750 shares after this. The price of the stock has decreased by 0.75% since.

    Infoblox Inc. operates as an automated network controller and provides an appliance-based solution that enables dynamic networks and next-generation data centers. Infoblox Inc. has a market cap of $920.4 million; its shares were traded at around $19.85 with a P/S ratio of 5.44.

    Infoblox Inc. has released its fourth quarter 2012 earnings results. For this quarter, the company generated net revenue of $45.1 million, an increase of 14 percent over prior year quarter. GAAP net loss was $4.3 million ($0.10 per diluted share), compared to a net loss of $2.1 million ($0.20 per share) in the same quarter of 2011.

    President and CEO Robert D. Thomas sold 195,000 shares of BLOX stock on 10/11/2012 at the average price of $20. Multiple other insiders also sold shares of BLOX stock over the past week.

    Mattress Firm Holding Corp. (NASDAQ:MFRM): Executive Vice President, Chief Financial Officer and Treasurer, James R. Black Sold 55,000 Shares

    Executive Vice President, Chief Financial Officer and Treasurer James R. Black sold 55,000 shares of MFRM stock on 10/10/2012 at the average price of $28.51. Black owns at least 457,922 shares after this. The price of the stock has increased by 12.52 percent since.

    Mattress Firm Holding Corp. operates as a mattress retailer in the United States. Mattress Firm Holding Corp. has a market cap of $1.08 billion; its shares were traded at around $32.08 with a P/E ratio of 23.25 and a P/S ratio of 1.54.

    Mattress Firm Holding Corp has released its first quarter 2012 results ended May 1, 2012. Net sales for the first quarter were $209.8 million, compared to $151.9 million to prior year's quarter. Comparable store sales increased 16.1 percent, and GAAP EPS were $0.29. Also, on May 2, 2012, Mattress Firm completed its acquisition of the equity interests of Mattress Giant for $44 million.

    President and CEO R. Stephen Stagner and Executive Vice President Kenneth E. Murphy both sold shares of MFRM stock on 10/10/2012 at the average price of 28.51. Vice President George W. Mcgill and many other insiders also sold shares of MFRM stock recently.

    LinkedIn Corporation (NYSE:LNKD) Senior Vice President and Chief Financial Officer Steven J. Sordello Sold 50,000 Shares

    Senior Vice President and Chief Financial Officer Steven J. Sordello sold 50,000 shares of LNKD stock on 10/08/2012 at the average price of $118.03. Sordello owns at least 43,832 shares after this. The price of the stock has decreased by 6.46% since.

    LinkedIn Corporation is an online professional network which allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. LinkedIn Corporation has a market cap of $11.67 billion; its shares were traded at around $110.41 with a P/E ratio of 788.64 and a P/S ratio of 22.35.

    LinkedIn reported second quarter 2012 revenue of $228.2 million, an increase of 89 percent compared to $121 million in the second quarter of 2011.GAAP net income for this quarter was $2.8 million, compared to a net income of $4.5 million in the prior year's quarter. Adjusted EBITDA was $50.4 million, with a revenue of 22 percent.

    CEO Jeff Weiner sold 74,584 shares of LNKD stock on 10/01/2012 at the average price of $118.53.

    Vanguard Natural Resources, LLC (NASDAQ:VNR): Executive Vice President and Chief Financial Officer Richard A. Robert Sold 50,000 Shares

    Executive Vice President and Chief Financial Officer Richard A. Robert sold 50,000 shares of Vanguard Natural Resources stock on 10/09/2012 at the average price of $29.84. Richard A. Robert owns at least 170,080 shares after this. The price of the stock has decreased by 2.38 percent since.

    Vanguard is an independent natural gas and oil company, focused on the acquisition, exploitation and development of natural gas and oil properties. Vanguard Natural Resources, LLC has a market cap of $1.68 billion; its shares were traded at around $29.13 with a P/E ratio of 16.09 and P/S ratio of 5.37. The dividend yield of Vanguard Natural Resources, LLC stocks is 2.75 percent.

    Vanguard saw a second quarter 2012 net income of $103.4 million ($1.99 per share), compared to $31.8 million ($1.05 per share) from the prior year's quarter. During this quarter, the company increased proved reserves by 86 percent to 136.2 million barrels.

    Vice President of Engineering, Britt Pence sold 75,000 shares of Vanguard stock on 10/09/2012 at the average price of $29.84.

    Cardinal Health, Inc. (NYSE:CAH): Chief Financial Officer Jeffrey William Henderson Sold 46,226 Shares

    Chief Financial Officer Jeffrey William Henderson sold 46,226 shares of CAH stock on 10/04/2012 at the average price of $40. Henderson owns at least 109,910 shares after this. The price of the stock has increased by 2.23 percent since.

    Cardinal Health Inc. is one of the providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. Cardinal Health, Inc. has a market cap of $13.92 billion; its shares were traded at around $40.89 with a P/E ratio of 12.74 and a P/S ratio of 0.13. The dividend yield of Cardinal Health Inc. stocks is 2.32 percent. Cardinal Health Inc. had an annual average earnings growth of 0.2 percent over the past 10 years.

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