Daily Round Up 10/17/16: GTx, SITO, Century Bancorp, Lands' End

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 10/17/16, 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 that 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 through October.

On Today's Tables:

Insider trades were rated Significant at :

  • SITO Mobile (NASDAQ:SITO);
  • Lands' End (NASDAQ:LE);
  • GP Strategies (NYSE:GPX); and
  • Century Bancorp (NASDAQ:CNBKA).

Insider trades were considered Insignificant at:

  • International Speedway (NASDAQ:ISCA);
  • Global Water Resources (NASDAQ:GWRS);
  • Actuant (NYSE:ATU);
  • Veeva Systems (NYSE:VEEV);
  • Stryker (NYSE:SYK);
  • Papa John's International (NASDAQ:PZZA);
  • Penn West Petroleum (PWE);
  • Enable Midstream (NYSE:ENBL);
  • DexCom (NASDAQ:DXCM);
  • Blueprint Medicines (NASDAQ:BPMC), and;
  • Axis Capital (NYSE:AXS).

There is an IPO or Known Corporate Action at:

  • Everspin Technologies (NASDAQ:MRAM).

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 Pyramid Peak Foundation BO GTx GTXI JB* $6,250,000
2 Nvpg Iv BO Everspin Technologies MRAM JB* $2,000,000
3 Sigma Partners 8 BO Everspin Technologies MRAM JB* $1,342,728
4 Baker Randal W CEO,DIR Actuant ATU B $334,500
5 Brown Hyatt J DIR International Speedway ISCA JB* $311,860
6 Lampert Edward S BO Lands' End LE B $187,056
7 Filler James J BO Century Bancorp CNBKA B $171,342
8 Sagard Capital BO GP Strategies GPX AB $139,075
9 Bernard Betsy J DIR SITO Mobile SITO JB* $100,001
10 Levine William S DIR,BO Global Water Resources GWRS B $78,200

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 Wallach Matthew J PR Veeva Systems VEEV AS $3,193,118
2 Butt Michael A DIR Axis Capital AXS AS $2,318,819
3 Schnatter John H CEO,DIR,BO Papa John's International PZZA AS $2,037,714
4 Ho Cheuk Fund FO Penn West Petroleum PWE S $1,985,310
5 Stryker Ronda E DIR Stryker SYK AS $1,367,356
6 Miau Matthew DIR SYNNEX SNX S $995,547
7 Lynch Daniel DIR Blueprint Medicines BPMC AS $654,436
8 Sayer Kevin R CEO,DIR DexCom DXCM AS $573,101
9 Silver Star Dev BO SYNNEX SNX S $532,315
10 Arclight Capital BO Enable Midstream ENBL S $524,726 | 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.