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Top Insider Trades 6/10/14: SHOS, FUND, PCI, MEMP

|Includes:FUND, MEMP, PCI, Sears Hometown and Outlet Stores, Inc. (SHOS)

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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, June 10, 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 $2,072,707
Lampert Edward S BO Sears Hometown SHOS B $653,310
Innamorati Robert DIR Memorial Prod MEMP B $479,885
George Whitney FO,DIR,BO Royce Focus Tr FUND JB* $414,455
Bookout John F Iii DIR McDermott Intl MDR B $385,620
Muncrief Richard E CEO,DIR Wpx Energy WPX B $303,870
Morgan John L CB,CEO,BO Winmark WINA B $298,485
McCarthy Kent C BO China Cord Blood CO B $235,665
Wojtaszek Gary J CEO,DIR Cyrusone CONE B $228,054
Holliday Marc CEO,DIR Sl Green Realty SLG B $178,875
Click to enlarge

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Valcon Acquisition BO Nielsen NLSN JS* $941,600,000
Falcon Aerospace BO Wesco Aircraft WAIR JS* $122,040,000
Tesoriere Steven V DIR Sunedison SUNE JS* $116,600,400
Huntsman Jon M CB,DIR,BO Huntsman HUN S $12,925,137
Weber Charlotte C DIR Campbell Soup CPB AS $4,616,500
Swanson William CB,DIR Raytheon RTN AS $4,172,602
Taylor Philip MD Invesco IVZ S $3,579,948
Fulgoni Gian CB,DIR Comscore SCOR AS $3,419,490
Quinn Jeffry N DIR Ferro FOE S $3,109,589
Ovp Venture Partners BO Nanostring Tech NSTG S $2,477,467
Click to enlarge

Source: | Key to Insider Title and Trans Type Codes