Daily Round Up: 7/2/14

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on Wednesday, July 2, 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:

  • Mercer International (NASDAQ:MERC);
  • Accelerate Diagnostics (NASDAQ:AXDX);
  • Ladenburg Thalmann Financial (NYSEMKT:LTS), and;
  • River Valley Bancorp (NASDAQ:RIVR).

Insider trades were rated Nearly Significant at:

  • Phillips 66 (NYSE:PSX).

Insider trades were considered Insignificant at:

  • Facebook Inc (NASDAQ:FB) ;
  • Karyopharm Therapeutics (NASDAQ:KPTI);
  • LinkedIn Corp (LNKD);
  • Blue Capital Reinsurance (NYSE:BCRH);
  • State Auto Financial (NASDAQ:STFC), and;
  • Growblox Sciences (OTCQB:GBLX).

Insider transactions at Investar Holding (NASDAQ:ISTR) were associated with the firm's recent IPO. It's difficult to argue significance for transactions by insiders without track records 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 Kellogg Peter R BO Mercer Intl MERC B $1,540,450
2 Montpelier Re BO Blue Capital Re BCRH B $512,148
3 Koehler Fred W DIR River Valley Bancorp RIVR JB* $410,000
4 Walker Frank L DIR Investar Holding ISTR JB* $360,080
5 State Auto Mut Ins BO State Auto Finl STFC JB* $327,260
6 Frost Phillip Md DIR,BO Ladenburg Thalmann LTS B $326,000
7 Lazarus Inv BO Growblox Sciences GBLX JB* $322,062
8 Boyce Robert M Sr DIR Investar Holding ISTR JB* $280,000
9 Loomis William DIR Phillips 66 PSX B $250,254
10 Schuler Jack W DIR,BO Accelerate Diag AXDX B $223,539

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 Brin Sergey F,DIR,BO Google GOOG AS $97,601,232
2 Oaktree Capital BO Masonite Intl DOOR S $29,025,322
3 Sandberg Sheryl COO,DIR Facebook FB AS $19,293,628
4 Lilly Endowment BO Lilly Eli LLY S $14,640,500
5 Kauffman Michael CEO,DIR Karyopharm KPTI JS* $8,500,000
6 Hoffman Reid DIR,BO Linkedin LNKD AS $7,134,188
7 Smith Robert E DIR,BO Sinclair Broadcast SBGI S $4,888,851
8 Malone John C DIR,BO Liberty Global LBTYK AS $4,259,310
9 Vasudevan Suresh CEO,DIR Nimble Storage NMBL AS $3,960,492
10 Benioff Marc CB,CEO Salesforce Com CRM AS $3,521,857

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.

I should also relay that you could have seen the trades on today's Daily Round Up tables within hours of being filed, by signing up for our Free Intra-Day Top Trades Alerts.

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.

Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.