Daily Round Up: 6/27/14

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on Friday, June 27, 2014, based on dollar value.

Dollar values often do not equate with significance when it comes to insider trades.

Proprietary Insider Company Ratings given for selected companies.

I cannot repeat enough that dollar value is only one metric to assess the significance of an insider transaction. InsiderInsights calculates Insider Filer Statistics in real time, and formulates Insider Company Ratings based on numerous behavioral factors, so our clients can separate real investment intelligence from time-wasting noise.

On Today's Tables:

Insider trades were rated Significant at:

  • MVC Capital (NYSE:MVC);
  • Republic Services (NYSE:RSG), and;
  • Royce Focus Trust (NASDAQ:FUND).

Insider trades were rated Nearly Significant at:

  • Heron Therapeutics (NASDAQ:HRTX);
  • Ark Restaurants (NASDAQ:ARKR);
  • Valhi (NYSE:VHI), and;
  • Zulily (NASDAQ:ZU).

Insider trades were considered Insignificant at:

  • McGraw-Hill Companies (MHFI);
  • Emerge Energy Svs LP (NYSE:EMES);
  • Dynegy (NYSE:DYN), and;
  • (NYSE:CRM).

Insider transactions at Eclipse Resources (NYSE:ECR) were associated with recent IPOs, and it's difficult to garner investment intelligence from transactions by insiders in unseasoned shares.

For more on how to profit from our Daily Round Up tables and analyze insider data, see references below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Cascade Inv BO Republic Services RSG B $11,369,295
2 Tang Kevin C DIR,BO Heron Therapeutics HRTX B $5,999,997
3 Knapp Robert C DIR MVC Capital MVC B $2,214,015
4 Winkler Joseph C DIR Eclipse Resources ECR JB* $202,500
5 George Whitney FO,DIR,BO Royce Focus Tr FUND JB* $165,943
6 Stainman Arthur DIR Ark Restaurants ARKR JB* $114,140
7 Tate Wesley D CFO,DIR Cerebain Biotech DDOO JB* $89,423
8 Riedhammer Thomas DIR Ohr Pharmaceutical OHRP JB* $50,991
9 Weil Edward M Jr PR,TR,DIR Rcs Capital RCAP B $50,649
10 Parsons Robert Jr DIR Excel Trust EXL B $50,122

Source: | Key to Insider Title and Trans Type Codes:
B =Open-market Buy; AB=10b5-1 (automatic) Buy; JB*=Buy indicated as being open-market, but not confirmed by trading price range and volume for the session.

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Eclipse Resources BO Eclipse Resources ECR JS* $222,667,040
2 McGraw Harold III DIR McGraw-Hill Finl MHFI S $41,329,848
3 Beneski Ted W DIR,BO Emerge Energy EMES S $26,922,392
4 Franklin Res BO Dynegy DYN S $26,339,104
5 Benioff Marc CB,CEO Salesforce Com CRM AS $10,313,813
6 Shearer Richard J CEO,DIR Emerge Energy EMES S $6,804,819
7 Bonham Warren B VP,DIR Emerge Energy EMES S $4,092,258
8 Harold Simmons Fdn O Valhi VHI S $3,588,240
9 Sherman John J DIR,BO Crestwood Midstr CMLP AS $2,921,797
10 Twomey Lori O Zulily ZU AS $2,003,705

Source: | Key to Insider Title and Trans Type Codes:
S =Open-market Sale; AS=10b5-1 (automatic) Sale; JS*=Sale indicated as being open-market, but not confirmed by trading price range and volume for the session.

Did you miss our Previous Daily Round Up?

An important note from Jonathan Moreland, founder of

In a victory for common sense, it's been proven profitable -- by both academic studies and (more importantly) the experience of your fellow professional investors -- to monitor the trading behavior of company executives, directors, and large shareholders in the stocks of firms of which they're registered as "insiders".

Please note, however, that the lists above are strictly factual; they are not buy and sell recommendations.

At, our clients find new investment ideas every day using more intricate insider screens to determine where they should focus their 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 profitable indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing.

So use these daily articles 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 us with any questions on our proprietary insider data, filer statistics, and company ratings.

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.