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Top Insider Trades 12/17/13: VRX, HZNP, SEAS, LNBB

Dec. 18, 2013 7:11 AM ETBHC, HZNP, PRKS, LNBB
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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 Tuesday, December 17, 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
Pearson J Michael CEO Valeant Pharm Intl VRX JB* $14,999,548
Smith Jeffrey C DIR,BO Office Depot ODP B $7,047,910
Healthcare Vent BO Tetralogic Pharm TLOG JB* $4,994,241
Bird Jeffrey W DIR Horizon Pharma HZNP B $4,346,375
Ayala Orlando DIR Centene CNC B $992,816
Marubeni DIR,BO Aircastle AYR B $552,867
Ullman Myron DIR Starbucks SBUX B $535,010
Disanto Frederick DIR Lnb Bancorp LNBB B,JB* $515,000
Gutierrez Carlos M DIR Occidental Petroleum OXY B $456,615
McCormack John BO Intl Isotopes INIS B $311,062

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

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
Blackstone BO Seaworld Ent SEAS JS* $563,062,516
Blackstone BO Pinnacle Foods PF JS* $437,697,312
Apollo Mgt Gp BO Taminco TAM JS* $191,625,824
Apollo Mgt Gp BO Evertec EVTC JS* $187,106,720
Popular DIR,BO Evertec EVTC JS* $117,885,000
Gulfport Energy DIR,BO Diamondback Energy FANG S $15,416,520
Harris Joshua MD,DIR,BO Apollo Global APO AS $6,774,237
Albers Mark W VP Exxon Mobil XOM S $5,092,331
Khoury Amin J CB,CEO B E Aerospace BEAV S $4,998,408
Tredwell Daniel P DIR Trimas TRS AS $4,520,550

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

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