Daily Top Insider Trades Instablog
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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, June 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 InsiderInsights.com, 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 support@insiderinsights.com with any questions on our proprietary insider data, and how it is best analyzed.
| Filer Name | Insider Titles | Company Name | Ticker | Trans Type | Dollar Value |
|---|---|---|---|---|---|
| Relational Investors | BO | Spx | SPW | B | $16,502,735 |
| Dalal Street | BO | Horsehead Holding | ZINC | B | $2,300,806 |
| Holliday Marc | CEO,DIR | Sl Green Realty | SLG | JB* | $233,962 |
| Singer Karen | BO | Evolving Systems | EVOL | B | $208,513 |
| Calamos John P | CEO,CB,CIO,DIR,BO | Calamos Asset | CLMS | B | $199,904 |
| Frost Phillip Md | CEO,CB,BO | Opko Health | OPK | B | $138,332 |
| Humrichouse X G | DIR | Kohls | KSS | B | $128,961 |
| Levine Andrew S | LO,GC | Sl Green Realty | SLG | JB* | $116,997 |
| Eliasek M Grier | COO,DIR | Prospect Capital | PSEC | B | $102,800 |
| Wynnefld SmCap Val | BO | Ari Network Services | ARIS | B | $85,811 |
Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes
| Filer Name | Insider Titles | Company Name | Ticker | Trans Type | Dollar Value |
|---|---|---|---|---|---|
| Wexford Capital | BO | Diamondback Energy | FANG | JS* | $135,048,592 |
| Db Energy | BO | Diamondback Energy | FANG | JS* | $127,170,056 |
| Schmidt Eric E | CB,DIR | GOOG | AS | $76,479,619 | |
| Gulfport Energy | DIR,BO | Diamondback Energy | FANG | JS* | $65,111,416 |
| Sewell D Bruce | VP,GC,SEC | Apple | AAPL | AS | $14,944,831 |
| Williams Jeffrey E | VP | Apple | AAPL | AS | $14,792,265 |
| Brown Williamson | BO | Reynolds Amer | RAI | S | $12,463,098 |
| Tagliaferri Megan S | BO | Scripps Networks | SNI | S | $7,291,218 |
| Marcato Capital Mgt | BO | Cyrusone | CONE | S | $7,265,510 |
| Stuckert James W | DIR | Royal Gold | RGLD | S | $5,925,769 |
Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes