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Top Insider Trades 10/3/13: FCSC, RMAX, AYR, FUND

|Includes:AYR, Fibrocell Science, Inc. (FCSC), FUND, RMAX

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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, October 3, 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
Kirk Randal J BO Fibrocell Science FCSC JB* $14,999,998
Hbm Healthcare BO Ophthotech OPHT JB* $5,016,000
Crawford Jesse C DIR,BO Crawford CRDA JB* $2,248,905
Marubeni DIR,BO Aircastle AYR B $530,328
Knight Trans BO Usa Truck USAK B $325,968
Prescott Capital BO China Marine CMFO B $287,784
Tracey Vincent J PR,DIR Re Max RMAX JB* $220,000
Cunningham K DIR Re Max RMAX JB* $165,000
Lewis Geoffrey D VP,LO Re Max RMAX JB* $154,000
George W Whitney FO,DIR,BO Royce Focus Tr FUND JB* $136,175

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Schulze Richard BO Best Buy Co BBY AS $64,546,696
Singleton Group BO Kemper KMPR S $5,970,641
Vivo Ventures Vii BO Mei Pharma MEIP S $5,912,179
Luddy Frederic B DIR Servicenow NOW AS $5,777,844
Miau Matthew DIR Synnex SNX S $3,083,314
Lefkofsky Eric P BO Echo Global ECHO AS $2,338,127
Crawford Jesse C DIR,BO Crawford CRDA JS* $2,248,905
Morgan Stanley BO Sagent Pharm SGNT S $1,848,148
Moore J Stuart DIR Sapient SAPE AS $1,566,000
Sze David L DIR Linkedin LNKD AS $1,550,181

Source: | Key to Insider Title and Trans Type Codes