Daily Round Up 2/24/17: IEP, AAPL, SANW, NEWM

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 2/24/17, 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 have recently increased again in response to more companies opening trading windows to their insiders after quarterly earnings releases. This high level of insider filing volumes should continue through most of March.

On Today's Tables:

Insider trades were rated Significant at :

  • United Insurance (NASDAQ:UIHC);
  • S & W Seed (NASDAQ:SANW);
  • New Media Investment (NYSE:NEWM);
  • Icahn Enterprises (NYSE:IEP);
  • Arconic (NYSE:ARNC), and;
  • Amer Assets Tr (NYSE:AAT).

Insider trades were rated Nearly Significant at:

  • Stericycle (NASDAQ:SRCL), and;
  • Evoke Pharma (NASDAQ:EVOK).

Insider trades were considered Insignificant at:

  • Wal Mart Stores (NYSE:WMT);
  • Transunion (NYSE:TRU);
  • Marsh & McLennan (NYSE:MMC);
  • First American Financial (NYSE:FAF);
  • Aramark (NYSE:ARMK);
  • Align Tech (NASDAQ:ALGN), and;
  • Apple (NASDAQ:AAPL).

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

  • Intercontinental Exchange (NYSE:ICE);
  • Cisco Systems (NASDAQ:CSCO);
  • Avon Products (NYSE:AVP), and;
  • American Equity Investment Life Holding (NYSE:AEL).

There is an IPO or Known Corporate Action at:

  • Blackrock 2022 Global Income Opportunity Trust (BGIO).

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 Icahn Carl C CB,BO Icahn Enterprises IEP JB* $136,916,944
2 Elliott Intl BO Arconic ARNC B $13,940,770
3 Rieder Richard M O Blackrock 2022 Global Income Opportunity Trust BGIO JB* $2,000,000
4 Widder Kenneth J DIR Evoke Pharma EVOK JB* $1,305,000
5 Scully James S VP,COO Avon Products AVP B $655,440
6 Rady Ernest S CB,CEO,BO Amer Assets Tr AAT B $457,086
7 Hudson Sherrill W DIR United Insurance UIHC B $397,114
8 Zafirovski Mike S DIR Stericycle SRCL B $250,150
9 Wynnefld SmCap Val BO S & W Seed SANW B $157,879
10 Tarica Laurence DIR New Media Investment NEWM B $151,460

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 Goldman Sachs BO Transunion TRU JS* $355,844,384
2 Walton S Robson DIR,BO Wal Mart Stores WMT S $314,123,616
3 Gore Albert Jr DIR Apple AAPL S $29,454,546
4 Chambers John T CB,DIR Cisco Systems CSCO AS $10,065,362
5 Sprecher Jeffrey C CEO,DIR Intercontinental Exchange ICE AS $4,236,455
6 McKee Lynn VP,HR Aramark ARMK S $4,214,813
7 Gilmore Dennis J CEO,DIR First American Financial FAF S $3,978,500
8 Gilbert E Scott VP,IO Marsh & McLennan MMC S $3,018,022
9 Noble David J DIR American Equity Investment Life Holding AEL S $2,753,440
10 George Roger E VP,LO,GC Align Tech ALGN S $2,569,175 | 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 am/we are long NEWM.

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.

Additional disclosure: We may initiate a position in IEP over the next 72 hours.

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.

About this article:

Author payment: $35 + $0.01/page view. Authors of PRO articles receive a minimum guaranteed payment of $150-500. Become a contributor »
Problem with this article? Please tell us. Disagree with this article? .