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Top Insider Sales: Aug, 8, 2012 (BKCC, VRTU, MXIM, BNHN, MOLX, WSCI, BPL, SCHW, GPN, CSCD)

Contextuall analysts have collected the latest insider sales data from the SEC website, and the results are posted here.

There may be many legitimate reasons for an insider sale, but if these sales occur frequently, a flag should be raised.

Here is a list of the top insider sales reported to the SEC on 8/8/2012.

Click on any of the links below to find out more (all links will open in a new tab).

Click here to find more data on insider buying and selling

1. BlackRock Kelso Capital Corporation (NASDAQ:BKCC): Total value of insider selling reported at $334,662

Insiders Involved:

Virginia Retirement System (10% Owner)
View SEC Filing
Google Virginia Retirement System

Description: BlackRock Kelso Capital Corporation is a private equity firm specializing in investments in middle market companies. (Click here for BlackRock Kelso Capital Corporation website)

2. Virtusa Corp. (NASDAQ:VRTU): Total value of insider selling reported at $158,388

Insiders Involved:

Kris Canekeratne (Chairman & CEO)
View SEC Filing
Google Kris Canekeratne

Description: Provides information technology (NYSE:IT) consulting, technology implementation, and application outsourcing services in North America, Europe, the Middle East, India, and Sri Lanka. (Click here for Virtusa Corp. website)

3. Maxim Integrated Products Inc. (NASDAQ:MXIM): Total value of insider selling reported at $130,038

Insiders Involved:

Tunc Doluca (PRESIDENT, CEO & DIRECTOR)
View SEC Filing
Google Tunc Doluca

Matthew Murphy (SENIOR VP)
View SEC Filing
Google Matthew Murphy

Description: Designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits worldwide. (Click here for Maxim Integrated Products Inc. website)

4. Benihana Inc. (NASDAQ:BNHN): Total value of insider selling reported at $101,219

Insiders Involved:

Corp Financial Bfc (Director)
View SEC Filing
Google Corp Financial Bfc

Description: Operates Benihana teppanyaki-style Japanese restaurants. (Click here for Benihana Inc. website)

5. Molex Inc. (NASDAQ:MOLX): Total value of insider selling reported at $88,000

Insiders Involved:

Ana Rodriguez (Sr. V.P., Human Resources)
View SEC Filing
Google Ana Rodriguez

Description: Molex Incorporated manufactures and sells electronic components worldwide. (Click here for Molex Inc. website)

6. WSCI (NASDAQ:WSCI): Total value of insider selling reported at $73,100

Insiders Involved:

Michael Pudil (Director)
View SEC Filing
Google Michael Pudil

7. Buckeye Partners LP (NYSE:BPL): Total value of insider selling reported at $73,043

Insiders Involved:

Khalid Muslih (SVP, Corp. Dev. & Strgc. Plng.)
View SEC Filing
Google Khalid Muslih

Description: Operates refined petroleum products pipeline systems in the United States. (Click here for Buckeye Partners LP website)

8. The Charles Schwab Corporation (NYSE:SCHW): Total value of insider selling reported at $68,758

Insiders Involved:

Joseph Martinetto (EVP and CFO)
View SEC Filing
Google Joseph Martinetto

Description: Provides securities brokerage, banking, and related financial services to individuals and institutional clients. (Click here for The Charles Schwab Corporation website)

9. Global Payments Inc. (NYSE:GPN): Total value of insider selling reported at $66,618

Insiders Involved:

Gerald Wilkins (Director)
View SEC Filing
Google Gerald Wilkins

Description: Provides electronic transaction processing services for merchants, independent sales organizations (ISO), financial institutions, government agencies, and multi-national corporations located in the United States, Canada, Europe, and the Asia-Pacific region. (Click here for Global Payments Inc. website)

10. Cascade Microtech Inc. (NASDAQ:CSCD): Total value of insider selling reported at $49,500

Insiders Involved:

Reed Gleason (VP of Advanced Technology)
View SEC Filing
Google Reed Gleason

Description: Designs, develops, manufactures, and markets wafer probing and test socket solutions for the electrical measurement and testing of high performance chips. (Click here for Cascade Microtech Inc. website)

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: BKCC, VRTU, MXIM, BNHN, MOLX, WSCI, BPL, SCHW, GPN, CSCD