Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Top Insider Trades 2/6/13: VMW, HON, BYI, FIVE

|Includes:BYI, FIVE, HON, VMware, Inc. (VMW)

Daily Top Insider Trades Instablog

  • Did you know? You could have seen the trades below within hours of being filed. If you want more Top Trades emailed 4 times a day, sign up for our Free Intra-Day Top Trades Alerts.

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, February 6, 2013 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
EMC BO VMware VMW B $32,403,402
Solomon Michael J CEO,DIR,BO Truli Media TRLI JB* $1,200,000
Srinivasan Ramesh PR,CEO,DIR Bally Technologies BYI B $1,186,905
Lloyd Philip A DIR Firstmerit FMER JB* $1,000,000
Silvestri Joseph DIR Triumph TGI B $551,920
Mohan Madhu K DIR Washingtonfirst Bk WFBI JB* $499,991
Aequitas Mgt BO Carepayment Tech CPYT JB* $375,547
Pennant Capital BO Universal Stainless USAP B $253,797
Kever Jim D DIR Tyson Foods TSN B $233,690
Dye David A CFO,SEC,DIR Computer Programs CPSI B $194,381

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Advent Intl O Five Below FIVE JS* $319,451,904
Gates William H III DIR Microsoft MSFT AS $82,914,600
Brin Sergey F,DIR,BO Google GOOG AS $63,952,688
Ross Howard D DIR Five Below FIVE JS* $49,064,960
Schlessinger David CB,DIR Five Below FIVE JS* $29,020,168
Fradin Roger PR,CEO Honeywell Intl HON AS $3,500,000
Wise Bret W CB,DIR Dentsply Intl XRAY AS $1,275,128
Bell Leonard CEO,DIR Alexion Pharm ALXN S $1,143,718
Stensrud William DIR Juniper Net JNPR S $1,112,305
McCaulley Jeffery PR Zimmer ZMH S $883,214

Source: | Key to Insider Title and Trans Type Codes