Daily Round Up 6/28/16: AMBC, SCYX

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 6/28/16, 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.

On Today's Tables:

Insider trades were rated Significant at :

  • Scynexis (NASDAQ:SCYX), and;
  • Ambac Financial (NASDAQ:AMBC).

Insider trades were rated Nearly Significant at:

  • Amtrust Financial (NASDAQ:AFSI).

Insider trades were considered Insignificant at:

  • Lands End (NASDAQ:LE);
  • Korn Ferry Intl (NYSE:KFY);
  • Prosperity Banc (NYSE:PB);
  • Zillow (NASDAQ:Z);
  • Primo Water (NASDAQ:PRMW);
  • Progressive (NYSE:PGR);
  • Netgear (NASDAQ:NTGR);
  • La Z Boy (NYSE:LZB), and;
  • Alphabet (NASDAQ:GOOG).

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

  • Web Com (NASDAQ:WEB);
  • Mattress Firm (NASDAQ:MFRM);
  • Cheniere Energy (NYSEMKT:LNG);
  • Us Geothermal (NYSEMKT:HTM), and;
  • Criteo S A (NASDAQ:CRTO).

There is an IPO or Known Corporate Action at:

  • Reata Pharm (NASDAQ:RETA).

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 Okumus Fund Mgt BO Web Com WEB B $16,373,650
2 Lampert Edward S BO Lands End LE B $1,963,180
3 40 North Latitude Fund BO Mattress Firm MFRM B $1,577,952
4 Cpmg DIR,BO Reata Pharm RETA B $1,413,567
5 Fusco Jack A CEO,DIR Cheniere Energy LNG B $993,760
6 Jcp Investment Mgt BO Us Geothermal HTM B $338,784
7 Nader Tavakoli CEO,DIR Ambac Financial AMBC JB* $301,450
8 Timanus H E Jr VCB Prosperity Banc PB B $293,105
9 Burnison Gary D CEO,DIR Korn Ferry Intl KFY B $245,473
10 Taglietti Marco CEO,DIR Scynexis SCYX JB* $239,000

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 Page Lawrence CEO,DIR,BO Alphabet GOOG AS $22,888,048
2 Brin Sergey PR,DIR,BO Alphabet GOOG AS $22,442,454
3 Niccoli Romain O Criteo S A CRTO AS $625,924
4 Sheares Bradley T DIR Progressive PGR S $625,265
5 Stagner R Stephen CB,DIR Mattress Firm MFRM AS $525,000
6 Collier John Douglas VP La Z Boy LZB S $402,891
7 Graham Jef DIR Netgear NTGR AS $375,985
8 Warnock David L DIR Primo Water PRMW S $292,137
9 Samuelson Errol G O Zillow Z S $231,785
10 Saxon Michael J VP Amtrust Financial AFSI AS $219,899 | 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?

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

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.

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