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Top Insider Trades 10/7/13: CCXI, AYR, FATE, CFIS

Oct. 08, 2013 8:36 AM ETAMGN, AYR, FATE
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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 Monday, October 7, 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.

Insider Purchases
Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
Arch Venture Fd BO Fate Therapeutics FATE JB* $4,999,998
Bvf Partners LP BO Chemocentryx CCXI B $601,203
Marubeni DIR,BO Aircastle AYR B $535,461
Clinton DIR Community Finl CFIS JB* $315,500
Mendlein John DIR Fate Therapeutics FATE JB* $100,002
Doyle Ross CFO,DIR Aurora Gold ARXG JB* $79,716
Bolte Axel DIR Ophthotech OPHT JB* $44,000
Baker Thomas E DIR First Niagara Finl FNFG JB* $24,439
George Whitney FO,DIR,BO Royce Focus Tr FUND JB* $22,475
Biddle Willing L PR,COO,DIR,BO Urstadt Biddle UBP B $19,273

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
Macquarie Inf Mgt DIR Macquarie Infra MIC AS $9,165,037
Moore J Stuart DIR Sapient SAPE AS $1,553,000
Kavner Robert M DIR Pandora Media P AS $1,259,487
Rayden Michael CEO,DIR Ascena Retail ASNA S $1,200,183
Morgan Stanley BO Sagent Pharm SGNT S $969,275
Pillow Terry R CEO Oxford Industries OXM AS $918,649
Bailey Beth A VP Chicago Bridge CBI AS $872,823
Silver Star Dev BO Synnex SNX S $858,179
Francis David GC Maximus MMS AS $787,440
Batra Rajiv VP Palo Alto Net PANW AS $712,500

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

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