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

Top Insider Trades 8/16/13: S, IRT, GMCR, LTS

|Includes:GMCR, IRT, LTS, Sprint Corporation (S)

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 Friday, August 16, 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
Softbank BO Sprint S B $29,615,418
Mosing Donald K DIR,BO Frank S Intl FI JB* $1,762,938
RAIT Financial Trust BO Ind Rlty Tr IRT JB* $1,445,000
Graziadio G Louis DIR Wld Pnt Terminals WPT JB* $1,078,000
Mackay A D David DIR Green Mtn Coffee GMCR B $1,051,936
Marubeni DIR,BO Aircastle AYR B $1,004,454
Frost Phillip Md DIR,BO Ladenburg Thalmann LTS JB* $835,000
Boersch Cornelius BO Identive INVE JB* $767,647
Martell James J DIR Xpo Logistics XPO JB* $741,708
Haitzmann Erwin CB,CEO,DIR Century Casinos CNTY JB* $454,883

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Star NCLC BO Norwegian Cruise NCLH JS* $331,005,664
Apollo Mgt Gp BO Norwegian Cruise NCLH JS* $248,254,240
World Point Terminals DIR,BO Wld Pnt Terminals WPT JS* $91,711,104
TPG Advisors O Norwegian Cruise NCLH JS* $82,751,416
Shaner Lance T DIR Rex Energy REXX S $50,592,000
Delek Hungary BO Delek Us DK JS* $41,670,000
Apollo Advisors II BO Quality Distribution QLTY JS* $37,970,876
Apax Managers DIR Realpage RP JS* $25,118,380
Schiller Philip W VP Apple AAPL AS $18,586,000
Bell Leonard CEO,DIR Alexion Pharm ALXN AS $14,851,771

Source: | Key to Insider Title and Trans Type Codes

Stocks: S, IRT, GMCR, LTS