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

Top Insider Trades 1/30/14: TSI, RGS, IRT, BNGOF

|Includes:IRT, RGS, SGLDF, TCW Strategic Income Fund (TSI)

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 Thursday, January 30, 2014 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
RAIT Financial Trust BO Ind Rlty Tr IRT JB* $9,999,998
Christmas James DIR Rice Energy RICE JB* $3,675,000
Marubeni DIR,BO Aircastle AYR B $567,414
Rivelle Tad O Tcw Str Inc Fd TSI B $379,731
Frost Phillip Md CEO,CB,BO Opko Health OPK B $337,083
Rothman Marc E VP,CFO Verifone Systems PAY AB $286,700
Hanrahan Daniel CEO,DIR Regis RGS B $244,560
Pendinas BO Bingo Com BNGOF JB* $200,000
Landis Kevin M PR,DIR Firsthand Tech Val SVVC B $139,243
Shanahan James FO Pacholder Hi Yld Fd PHF B $112,510
Click to enlarge

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Warburg Pincus X DIR,BO Santander Consumer SC JS* $562,013,056
Kkr Fund BO Santander Consumer SC JS* $562,013,056
Halkos BO Global Brass & Cop BRSS JS* $104,000,000
Warburg Pincus PE X DIR,BO Natl Penn Bancsh NPBC JS* $75,390,000
Mumford John Breese CB,DIR,BO E2open EOPN JS*,S $38,045,741
Schwab Charles R CB,DIR,BO Schwab Charles SCHW S $37,567,000
Goel David E DIR Popular BPOP S $27,638,000
Schmidt Eric E CB,DIR Google GOOG AS $24,262,367
Franklin Resources BO Dynegy DYN S $17,540,450
JP Morgan Inv Mgt BO Retailmenot SALE S $14,388,360
Click to enlarge

Source: | Key to Insider Title and Trans Type Codes