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Top Insider Trades 6/20/13: DELL, USCR, SNTA, MVC

|Includes:Dell Inc. (DELL), MDGL, MVC, USCR

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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 Thursday, June 20, 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
Icahn Carl C BO DELL DELL B $973,579,648
Whippoorwill Assoc BO Us Concrete USCR B $1,113,406
Kovner Bruce DIR,BO Synta Pharm SNTA B $799,160
Goldstein Phillip DIR MVC Capital MVC B $479,175
White B Scott DIR,BO New Peoples Bk NWPP JB* $412,500
Keene Harold L DIR,BO New Peoples Bk NWPP JB* $412,500
Hurst Phillip L CEO,DIR,BO Truett Hurst THST JB* $327,000
Singer Karen BO Evolving Systems EVOL B $322,420
Simms James A CFO,SEC,DIR Vicor VICR B $244,350
Carroll Daniel A DIR,BO Truett Hurst THST JB* $232,200

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Bain Capital BO Bright Horizons BFAM JS* $601,427,072
Berkshire Partners BO COTY COTY JS* $114,724,858
McCabe Molly E BO Scripps Networks SNI S $13,627,191
Singleton Group BO Kemper KMPR S $6,296,355
Middleton Fred A DIR Pacira Pharm PCRX AS $4,225,265
Berkeley Richard DIR Wageworks WAGE S $2,995,330
Miller Adam L CEO,DIR,BO Cornerstone Ond CSOD AS $1,928,752
Waldis Stephen CEO,CB,DIR Synchronoss Tech SNCR AS $1,745,050
Hagedorn Part BO Scotts Miracle Gro SMG S $1,297,489
Blum Capital BO Career Education CECO S $937,942

Source: | Key to Insider Title and Trans Type Codes