Daily Round Up 10/21/16: GP Strategies, Biocept, Genuine Parts

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 10/21/16, 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 :

  • GP Strategies (NYSE:GPX);
  • First Trust Dividend & Income Fund (NYSE:FAV), and;
  • Biocept (NASDAQ:BIOC).

Insider trades were rated Nearly Significant at:

  • TCW Strategic Income Fund (NYSE:TSI);
  • Genuine Parts (NYSE:GPC), and;
  • Atlantic Alliance Partnership (NASDAQ:AAPC).

Insider trades were considered Insignificant at:

  • Global Water Resources (NASDAQ:GWRS);
  • Ion Geophysical (NYSE:IO);
  • Vantiv (VNTV);
  • United Rentals (NYSE:URI);
  • Papa John's International (NASDAQ:PZZA), and;
  • Instructure (NYSE:INST).

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

  • Terrapin 3 Acquisition (TRTL).

There is an IPO or Known Corporate Action at:

  • Mammoth Energy Services (NASDAQ:TUSK).

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 Abrahams Iain Henry DIR Atlantic Alliance Partnership AAPC B $5,499,856
2 Gallagher Thomas CB,DIR Genuine Parts GPC B $267,720
3 Neff Edward A DIR Biocept BIOC JB* $249,999
4 Swoboda Charles M CB,CEO,DIR CREE CREE B $222,170
5 Rivelle Tad O TCW Strategic Income Fund TSI B $158,910
6 Lapeyre James DIR Ion Geophysical IO AB $116,299
7 Sagard Capital BO GP Strategies GPX JB* $102,228
8 Hale David F DIR Biocept BIOC JB* $100,000
9 Bulldog Investors BO First Trust Dividend & Income Fund FAV B $99,559
10 Levine William S DIR,BO Global Water Resources GWRS B $77,800

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 Polar Asset Mgt Partners BO Terrapin 3 Acquisition TRTL S $7,100,000
2 Schnatter John H CEO,DIR,BO Papa John's International PZZA AS $6,939,158
3 Drucker Charles CEO,DIR Vantiv VNTV AS $5,658,928
4 Mammoth Energy DIR,BO Mammoth Energy Services TUSK S $2,415,895
5 Epic Venture Fund Iv BO Instructure INST JS* $2,047,975
6 Silver Star Dev BO SYNNEX SNX S $1,906,794
7 Kneeland Michael CEO,DIR United Rentals URI AS $1,569,100
8 Peer Developments BO SYNNEX SNX S $1,453,022
9 Gulfport Energy DIR,BO Mammoth Energy Services TUSK S $1,072,266
10 Plummer William B VP,CFO United Rentals URI AS $949,151 | 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.

If you're interested in the insider history of a stock not shown here, you can search by ticker.

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.