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

Top Insider Trades 5/9/14: AOL, AMED, PDI, AFAM

|Includes:AFAM, AMED, AOL Inc. (AOL), PDI

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, May 9, 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
Gross William H O Pimco DC Inc Fd PCI B $7,488,927
North Tide Capital BO Amedisys AMED B $6,952,480
Gross William H O Pimco Dyn Inc Fd PDI B $3,826,704
Armstrong Timothy M CB,CEO AOL AOL B $2,006,126
North Tide Capital BO Almost Family AFAM B $1,126,032
Gross William H O Pimco Mu Inc Fd PMF B $929,875
Broadwood Part DIR,BO Biotime BTX JB* $730,500
Frost Phillip Md CEO,CB,BO Opko Health OPK B $595,971
Sokol David L BO Middleburg Finl MBRG B $522,602
Stephenson Randall L DIR Emerson Electric EMR B $499,931

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Bain Capital BO Hd Supply HDS JS* $218,339,504
Carlyle Mgt BO Hd Supply HDS JS* $218,339,472
Valcon Acquisition BO Nielsen NLSN S $53,536,296
Luddy Frederic B DIR Servicenow NOW S $11,691,775
Jacobson Mitchell DIR,BO MSC Industrial MSM S $6,265,470
Franklin Resources BO Dynegy DYN S $5,119,474
Anderson Richard CEO,DIR Delta Air Lines DAL S $3,841,100
Klesse William R DIR Valero Energy VLO S $2,566,514
Wagner Sylvia VP Assurant AIZ S $2,343,851
Schmidt Ralph A DIR Western Refining WNR S $2,205,591

Source: | Key to Insider Title and Trans Type Codes