Daily Round Up 2/7/17: MUSA, MSBF, ARNC, OPK

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 2/7/17, 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. Also feel free to email us with any questions on our proprietary insider data, Insider Filer Statistics, and Insider Company Ratings.

Educational note from InsiderInsights:
Insider filing volumes are now increasing in response to more companies opening trading windows to their insiders after quarterly earnings releases. There will be another notable increase in filing volumes in mid-February.

On Today's Tables:

Insider trades were rated Significant at :

  • Putnam High Income Securities Fund (NYSE:PCF);
  • Opko Health (NYSEMKT:OPK);
  • Murphy Usa (NYSE:MUSA);
  • Msb Financial (NASDAQ:MSBF), and;
  • Arconic (NYSE:ARNC).

Insider trades were considered Insignificant at:

  • Valvoline (NYSE:VVV);
  • Ciber (NYSE:CBR);
  • Texas Instruments (NYSE:TXN);
  • Summit Midstream (NYSE:SMLP);
  • Progress Software (NASDAQ:PRGS);
  • Magellan Midstream (NYSE:MMP);
  • Alphabet (NASDAQ:GOOG);
  • American Financial (NYSE:AFG), and;
  • Adobe Systems (NASDAQ:ADBE).

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

  • Leggett & Platt (NYSE:LEG);
  • General Electric (NYSE:GE), and;
  • Dominion Resources (NYSE:D).

There is an IPO or Known Corporate Action at:

  • Invitation Homes (NYSE:INVH).

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 Deming Claiborne DIR Murphy Usa MUSA B $980,921
2 Elliott Intl BO Arconic ARNC B $896,084
3 Legion Partners Asset Mgt DIR,BO Ciber CBR B $741,546
4 Szymanczyk Michael E DIR Dominion Resources D B $716,940
5 Bulldog Investors BO Putnam High Income Securities Fund PCF B $502,570
6 Gordon G Irwin VP Invitation Homes INVH JB* $200,000
7 Frost Phillip Md CEO,CB,BO Opko Health OPK B $171,435
8 Kirk Stephen F DIR Valvoline VVV B $159,114
9 Seidman Lawrence DIR,BO Msb Financial MSBF B $108,750
10 Sears Janice L DIR Invitation Homes INVH JB* $100,000

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 Energy Capital II DIR,BO Summit Midstream SMLP JS* $96,000,000
2 Brin Sergey PR,DIR,BO Alphabet GOOG AS $54,245,654
3 Lindner Carl H Iii CEO,PR,DIR American Financial AFG S $18,182,030
4 Doerr L John DIR Alphabet GOOG AS $12,500,258
5 Garrett Mark VP,CFO Adobe Systems ADBE AS $5,158,086
6 Joyce David Leon VCB General Electric GE S $4,719,609
7 Mears Michael N CEO,DIR Magellan Midstream MMP S $3,937,000
8 Glassman Karl G CEO,DIR Leggett & Platt LEG S $3,888,087
9 Crutcher Brian T COO Texas Instruments TXN S $3,245,289
10 Praesidium Investment Mgt Company BO Progress Software PRGS S $2,793,600 | 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.