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Top Insider Trades 10/29/12: FB, STJ, KMI, FTI

|Includes:Facebook (FB), FTI, KMI, STJ

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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 Monday, October 29, 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, 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 with any questions on our proprietary insider data, and how it is best analyzed.

Insider Purchases
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Sarofim Fayez DIR Kinder Morgan KMI B $20,853,360
Brown John W DIR St Jude Medical STJ B $966,250
Pferdehirt Doug VP,COO Fmc Technologies FTI B $748,549
Swanson William H DIR Nextera Energy NEE B $500,235
Frost Phillip MD CEO,CB,BO Opko Health OPK B $325,063
Curling Douglas C DIR Corelogic CLGX B $227,097
Batten Michael E CB,CEO,BO Twin Disc TWIN B $213,600
Stadium Capital BO Universal Tech Inst UTI B $183,959
Roedel Richard DIR Six Flags Ent SIX B $150,067
Becker Steven R DIR Tuesday Morning TUES B $119,456

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Gates William H III DIR Microsoft MSFT AS $153,747,552
Breyer James DIR Facebook FB AS $81,151,152
Schmidt Eric E CB,DIR Google GOOG AS $33,815,464
Kellogg WK Fdn BO Kellogg K AS $5,300,510
Covey Michael J CB,PR,CEO Potlatch PCH S $3,074,750
Addington Hills BO Ixia XXIA S $1,454,982
Woodhouse M A DIR Cracker Barrel CBRL AS $1,051,049
Delbene Kurt D PR Microsoft MSFT S $979,832
Daniel William K VP Danaher DHR S $877,710
Azoff Irving CB,DIR Live Nation Ent LYV AS $705,364

Source: | Key to Insider Title and Trans Type Codes

Stocks: FB, STJ, KMI, FTI