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Top Insider Trades 12/26/12: TUES, OIS, WFT, LUB

|Includes:LUB, OIS, Tuesday Morning Corp. (TUES), WFT

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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 Wednesday, December 26, 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
Bluemountain Capital BO Dune Energy DUNR JB* $12,483,007
EMC BO VMware VMW B $6,398,252
Rosenthal Gary L DIR Oil States Intl OIS B $908,643
Becker Steven R DIR Tuesday Morning TUES AB $540,073
Frost Phillip MD et al CEO,CB,BO Opko Health OPK B $511,141
Pappas Christopher CEO,DIR,BO Lubys LUB JB* $328,250
Parent James C VP Weatherford WFT B $326,041
Mehta Dharmesh VP,CO Weatherford WFT B $318,900
Rothblatt Martine A CEO,DIR United Therap UTHR AB $314,370
Eberwein Jeffrey E BO Endeavour Intl END B $256,500

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Green Stephen L CB,DIR Sl Green Realty SLG S $20,796,390
Schmidt Eric E CB,DIR Google GOOG AS $17,749,398
Crestview Partners DIR,BO Charter Comms CHTR AS $16,956,078
Lauren Family BO Ralph Lauren RL AS $14,972,381
Snyder Charles J DIR Factset Research FDS S $12,467,050
Waud Reeve B DIR,BO Acadia Healthcare ACHC JS* $9,192,766
Artiman BO Invensense INVN AS $6,430,481
Carlson Capital DIR Epl Oil & Gas EPL S $6,144,007
Rohleder Stephen J CEO Accenture ACN AS $6,082,312
Doerr L John DIR Google GOOG AS $5,000,466

Source: | Key to Insider Title and Trans Type Codes