Daily Round Up 8/5/16: FAV, DXPE, TXRH, CCBG

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 8/5/16, 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 August.

On Today's Tables:

Insider trades were rated Significant at:

  • First Trust Dividend & Income Fund (NYSE:FAV).

Insider trades were rated Nearly Significant at:

  • Texas Roadhouse (NASDAQ:TXRH);
  • DXP Enterprises (NASDAQ:DXPE), and;
  • Capital City Bank (NASDAQ:CCBG).

Insider trades were considered Insignificant at:

  • Virtu Financial (NASDAQ:VIRT);
  • Penske Automotive (NYSE:PAG);
  • Duff & Phelps Select Energy MLP Fund (NYSE:DSE);
  • Quotient Technology (NYSE:QUOT);
  • Northrop Grumman (NYSE:NOC);
  • Knight Transportation (NYSE:KNX);
  • INC Research (NASDAQ:INCR);
  • Alphabet (NASDAQ:GOOG);
  • Glaukos (NYSE:GKOS);
  • Entegris (NASDAQ:ENTG), and;
  • Canadian Pacific Railway Ltd Cn (NYSE:CP).

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

  • Hancock Holding (NASDAQ:HBHC), and;
  • AngioDynamics (NASDAQ:ANGO).

There is an IPO or Known Corporate Action at:

  • Kadmon (Pending:KDMN).

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 Penske BO Penske Automotive PAG B $8,681,082
2 GMT Capital BO Dxp Enterprises DXPE JB* $2,757,026
3 Zarley James R DIR Texas Roadhouse TXRH B $1,005,074
4 Cifu Douglas A CEO,DIR Virtu Financial VIRT B $990,660
5 Loeb Daniel S BO Kadmon KDMN B $664,455
6 Bense Allan G DIR Capital City Bank CCBG B $137,561
7 Schloegel George A O Hancock Holding HBHC B $132,689
8 Achterberg Michael Dean TR Predex PRDEX JB* $102,000
9 Partain Nathan I FO Duff & Phelps Select Energy Mlp Fund DSE B $99,129
10 Bulldog Investors BO First Trust Dividend & Income Fund FAV B $81,404

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 Pershing Square DIR Canadian Pacific Railway Ltd Cn CP JS* $1,394,257,280
2 Avista Capital Ii Gp BO Inc Research INCR JS* $107,438,440
3 Ontario Teachers Pension DIR,BO Inc Research INCR JS* $102,861,560
4 Avista Capital Gp BO Angiodynamics ANGO JS* $32,763,420
5 Brin Sergey PR,DIR,BO Alphabet GOOG S $26,098,770
6 GMT Capital BO Entegris ENTG JS* $20,012,496
7 Knight Kevin P CB,DIR Knight Transportation KNX S $14,429,300
8 Orbimed Advisors DIR Glaukos GKOS S $13,000,750
9 Bush Wesley G CB,CEO,PR Northrop Grumman NOC AS $7,645,750
10 Burbank John Howard Iii BO Quotient Technology QUOT S $6,620,613 | 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.

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