Daily Round Up 2/9/17: USAK, BYBK, KEF, ARNC

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 2/9/17, 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.

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 :

  • Usa Truck (NASDAQ:USAK);
  • Opko Health (NYSEMKT:OPK);
  • Korea Equity Fund (NYSE:KEF);
  • Bay Bancorp (NASDAQ:BYBK), and;
  • Arconic (NYSE:ARNC).

Insider trades were considered Insignificant at:

  • Ultimate Software (NASDAQ:ULTI);
  • Mastercard (NYSE:MA);
  • Lyondellbasell Ind (NYSE:LYB);
  • Instructure (NYSE:INST);
  • Alphabet (NASDAQ:GOOG);
  • First Bancorp Pr (NYSE:FBP);
  • Credit Acceptance (NASDAQ:CACC), and;
  • Blueprint Medicines (NASDAQ:BPMC).

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

  • Pacholder Hi Yld Fd (NYSEMKT:PHF);
  • Lakeland Financial (NASDAQ:LKFN), and;
  • Keycorp New (NYSE:KEY).

There is an IPO or Known Corporate Action at:

  • Kimbell Royalty Partners (NYSEMKT:KRP), and;
  • Smart Sand (NASDAQ:SND).

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 Elliott Intl BO Arconic ARNC B $1,897,588
2 Bulldog Investors BO Korea Equity Fund KEF B $407,000
3 Collins Ted Jr DIR Kimbell Royalty Partners KRP JB* $299,988
4 Welch M Scott DIR Lakeland Financial LKFN B $287,936
5 Craig James Allie VP Usa Truck USAK B $227,650
6 Frost Phillip Md CEO,CB,BO Opko Health OPK JB*,B $126,891
7 Greene Alexander David DIR Usa Truck USAK B $120,687
8 Abushacra Pierre A DIR Bay Bancorp BYBK B $114,420
9 Bulldog Investors BO Pacholder Hi Yld Fd PHF B $94,720
10 Gillis Ruth Ann M DIR Keycorp New KEY B $84,768

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 Ai New 2 BO Lyondellbasell Ind LYB S $279,764,576
2 Foss Donald A BO Credit Acceptance CACC JS* $128,040,000
3 Oaktree Capital DIR,BO First Bancorp Pr FBP JS* $73,140,000
4 Third Rock Vent II BO Blueprint Medicines BPMC S $35,275,000
5 Brin Sergey PR,DIR,BO Alphabet GOOG AS $27,334,822
6 Young Charles Edwin CEO,DIR,BO Smart Sand SND JS* $22,801,222
7 Mastercard Fdn BO Mastercard MA S $21,864,556
8 Epic Venture Fund Iv BO Instructure INST JS* $9,606,180
9 Scherr Scott CB,CEO,DIR Ultimate Software ULTI AS $6,006,728
10 Scherr Marc D VCB,COO,DIR Ultimate Software ULTI AS $6,004,683 | 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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