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

Top Insider Trades 3/26/13: URBN, AGCO, SFES, SPRT

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 Tuesday, March 26, 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
Srinivasan Mallika DIR AGCO AGCO AB $13,570,545
Luxor Capital BO Azteca Acqu AZTAU JB* $4,140,000
Hansen Michael CEO,DIR,BO Dubli DUBL JB* $2,500,000
Hsiao Jane Ph D CB,DIR,BO Safestitch Med SFES JB* $1,000,000
RGM Capital BO Support Com SPRT B $531,294
Frost Phillip MD BO Safestitch Med SFES JB* $500,000
Rakolta John Jr DIR Agree Realty ADC B $303,853
Chancellor Michael DIR First Bancshares FBMS JB* $281,465
McMurry Fred A DIR First Bancshares FBMS JB* $250,008
Frost Phillip MD CEO,CB,BO Opko Health OPK B $238,424

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Schmidt Eric E CB,DIR Google GOOG AS $149,284,203
Hollyfrontier BO Holly Energy HEP JS* $73,443,752
Hayne Richard A CEO,DIR,BO Urban Outfitters URBN S $50,020,612
Weinberger Mitchel DIR Unifi UFI JS* $8,500,000
Accel IX DIR Trulia TRLA JS* $6,055,000
Wexford Capital BO Epl Oil & Gas EPL S $4,888,120
Toll Robert I CB,DIR Toll Brothers TOL S $4,231,329
Inkinen Sami DIR Trulia TRLA JS* $3,027,515
Cross Atlantic Cap BO Rubicon Tech RBCN AS $2,410,923
George Michael A DIR Liberty Interactive LINTA AS $2,074,002

Source: | Key to Insider Title and Trans Type Codes