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Top Insider Trades 9/11/12: WCRX, SIRI, ENOC, FIS

|Includes:ENOC, FIS, SIRI, Warner Chilcott Limited (WCRX)

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In a victory for common sense, the trading behavior of company executives, directors, and large shareholders in the stocks of firms they're registered "insiders" at have been proven profitable to monitor by both academic studies and (more importantly) the experience of professional investors.

Below are lists of the top 10 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday, September 11, 2012 as ranked by dollar value.

Please note, however, that these are factual lists (with edits to remove some noise), not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction, and, frankly, often not even the most important metric that determines if an insider transaction is significant.

We should also point out that we are presently in a slow filing time for insiders because many companies still have their trading windows closed to their executives until their June quarter earnings are released.

But at InsiderInsights.com, we find new investment ideas just about every day using these and more intricate insider screens to determine where we should focus our subsequent fundamental and technical analysis. And while stocks don't (or shouldn't) move up or down based on insider activity alone, insiders tend to be good indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing.

So use these regular blog posts as the initial research tools they are meant to be, and click the links in the tables to analyze a company's or insider's full insider history. Also feel free to email support@insiderinsights.com with any questions on our proprietary insider data, and how it is best analyzed.

 

 

Insider Purchases
FILER NAME INSIDER TITLES COMPANY NAME TICKER TRANS
TYPE
DOLLAR VALUE
Rosebay Medical BO Infinity Pharm INFI JB* $78,540,192
Liberty Media BO Sirius Xm Radio SIRI B $76,823,800
Lin Jiang Huai CEO,DIR,BO China Info Tech CNIT JB* $1,540,000
Frost Phillip MD CEO,CB,BO Opko Health OPK B $394,046
Weiss Michael S DIR,BO Tg Therapeutics TGTXD JB* $337,500
Coviello Arthur W Jr DIR Enernoc ENOC B $260,000
Behrens M Kathleen DIR Sarepta Therapeutics SRPT B $257,724
Dangel Wolfgang H DIR Sun Hydraulics SNHY B $249,200
Thomas James A CB,PR,CEO Thomas Properties TPGI B $153,634
Coghlan John F DIR,BO Data Storage DTST JB* $125,000

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

 

 

Insider Sales
FILER NAME INSIDER TITLES COMPANY NAME TICKER TRANS
TYPE
DOLLAR VALUE
JP Morgan Partners BO Warner Chilcott WCRX JS*,S $376,787,752
Page Lawrence CEO,DIR,BO Google GOOG AS $19,302,054
Hagerty Thomas M DIR Fidelity Natl Info FIS S $14,292,732
Richey Ellen O Visa V AS $12,086,845
Kao Min H CEO Garmin GRMN AS $6,200,105
Maroone Michael E PR,COO,DIR Autonation AN S $5,449,261
Ramsey Craig DIR Salesforce Com CRM S $5,356,742
Dooley Thomas E VP,COO,DIR Viacom VIAB JS* $5,064,014
Bohlsen John DIR Bankunited BKU AS $3,382,670
Hetz Nathan DIR Equity One EQY JS* $3,154,500

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Stocks: WCRX, SIRI, ENOC, FIS