Daily Round Up 5/2/16: Opko Health, Performance Sports, Nabors Industries, Resolute Energy

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 5/2/16, based on dollar value.

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

Proprietary Insider Company Ratings are relayed to clarify significance.

Dollar value is only one metric to assess the significance of an insider transaction, but when high dollar value intersects with significance it spotlights a stock investors should take the time to consider. InsiderInsights Daily Round Up articles are intended as initial research tools, so investors can separate real insider investment intelligence from time-wasting noise.

Click the Company Name links in the tables below to analyze a company's or insider's full insider history.

Educational note from InsiderInsights:

Insider filing volumes are at a seasonal low point due to companies closing trading windows to their insiders until quarterly earnings are released. As a result, the dollar values of trades featured in our Daily round Up articles (particularly the purchases) will likely be lower than usual until early May.

On Today's Tables:

Insider trades were rated Significant at:

  • Performance Sports (NYSE:PSG), and;
  • Opko Health (NYSEMKT:OPK).

Insider trades were rated Nearly Significant at:

  • Prgx Global (NASDAQ:PRGX);
  • Nabors Industries (NYSE:NBR), and;
  • Resolute Energy (NYSE:REN).

Insider trades were considered Insignificant at:

  • XL (NYSE:XL);
  • Meridian Bioscience (NASDAQ:VIVO);
  • Cent Euro Media (NASDAQ:CETV);
  • Pioneer Nat Res (NYSE:PXD);
  • Skechers Usa (NYSE:SKX);
  • M A Com Technology Solutions (NASDAQ:MTSI);
  • Microsoft (NASDAQ:MSFT);
  • Lilly Eli (NYSE:LLY);
  • Graphic Pkging (NYSE:GPK);
  • Alphabet (NASDAQ:GOOG);
  • Facebook (NASDAQ:FB), and;
  • Dolby Labs (NYSE:DLB).

There is a Conflicted Insider Signal (both purchases & sales) at:

  • Zions Bancorp (NASDAQ:ZION), and;

There is an IPO or Known Corporate Action at:

  • Global Water Resources (NASDAQ:GWRS).

It's difficult to argue significance for most transactions made during IPOs, or when insiders make trades during a known corporate action.

Insider Purchases

#: Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
1 Headlands Strat Opps Fd BO Prgx Global PRGX B $2,375,000
2 Sagard Capital BO Performance Sports PSG B $991,662
3 Porrino Peter R CFO XL XL B $503,753
4 Tcs Capital Mgt BO Cent Euro Media CETV B $199,676
5 Zarcone Dominick P VP,CFO LKQ LKQ B $158,788
6 Sazdanoff Catherine DIR Meridian Bioscience VIVO B $147,844
7 Wolf Howard DIR Nabors Industries NBR B $146,769
8 Hill Trevor T DIR,BO Global Water Resources GWRS B $128,200
9 Frost Phillip Md CEO,CB,BO Opko Health OPK B $107,049
10 Murphy Edward F DIR Zions Bancorp ZION B $88,864

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 Gates William DIR Microsoft MSFT AS $265,220,512
2 Koum Jan DIR Facebook FB AS $237,123,696
3 Ocampo John L CB,DIR,BO M A Com Tech Sol MTSI JS* $41,250,000
4 Page Lawrence CEO,DIR,BO Alphabet GOOG AS $23,676,801
5 Lilly Endowment BO Lilly Eli LLY S $13,580,052
6 Greenberg Michael PR,DIR Skechers Usa SKX S $6,773,200
7 Spo Advisory BO Resolute Energy REN S $5,100,000
8 Sheffield Scott D CB,CEO Pioneer Nat Res PXD S $5,066,307
9 Dolby Dagmar BO Dolby Labs DLB AS $4,630,139
10 Scheible David W CB,DIR Graphic Pkging GPK S $1,319,000 | 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.

Disclosure: I am/we are long OPK.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have 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.