Daily Round Up 3/6/17: Sotheby's, La Jolla Pharmaceutical, Ideal Power, Black Stone Minerals, American Assets Trust, Trade Desk

by: InsiderInsights


Tables of the top insider purchases and sales filed with the SEC on 3/6/17, 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 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 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:

  • Trade Desk (NASDAQ:TTD);
  • La Jolla Pharm (NASDAQ:LJPC);
  • Ideal Power (NASDAQ:IPWR);
  • Black Stone Minerals (NYSE:BSM);
  • Sotheby's (NYSE:BID), and;
  • American Assets Trust (NYSE:AAT).

Insider trades were rated Nearly Significant at:

  • Xenia Hotels & Resorts (NYSE:XHR);
  • Sequential Brands (NASDAQ:SQBG);
  • Altisource Residential (NYSE:RESI), and;
  • Drive Shack (NYSE:DS).

Insider trades were considered Insignificant at:

  • Yadkin Financial (NYSE:YDKN);
  • Scripps Networks (NYSE:SNI);
  • Ingersoll-Rand (NYSE:IR);
  • Global Blood Therapeutics (NASDAQ:GBT);
  • Clean Harbors (NYSE:CLH);
  • BeiGene (NASDAQ:BGNE);
  • Advanced Micro Devices (NASDAQ:AMD), and;
  • Allergan (NYSE:AGN).

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

  • UnitedHealth (NYSE:UNH).

There is an IPO or Known Corporate Action at:

  • Regency Centers (NYSE:REG).

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 Edens Wesley R DIR Drive Shack DS B $4,203,653
2 Tang Kevin C DIR,BO La Jolla Pharm LJPC JB* $3,463,840
3 Appel Peter A BO Ideal Power IPWR JB* $999,804
4 Rady Ernest S CB,CEO,BO American Assets Trust AAT B $561,319
5 Donahue Jeffrey H DIR Xenia Hotels & Resorts XHR B $500,094
6 Reza Olivier DIR Sotheby's BID B $480,400
7 Gossett Al DIR Sequential Brands SQBG B $343,000
8 Ellison George G CEO,DIR Altisource Residential RESI B $289,378
9 Wells David B DIR Trade Desk TTD JB* $284,000
10 Carter Thomas L Jr PR,CEO,CB Black Stone Minerals BSM B $245,201

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 Mubadala Development Co Pjsc DIR,BO Advanced Micro Devices AMD S $613,350,016
2 Katzman Chaim VCB,DIR,BO Regency Centers REG S $383,320,000
3 Third Rock Vent II BO Global Blood Therapeutics GBT S,JS* $52,245,476
4 Bisaro Paul DIR Allergan AGN S $17,267,560
5 Scripps William A BO Scripps Networks SNI S $15,637,880
6 Burke Richard T DIR UnitedHealth UNH S $8,373,925
7 McKim Alan S CB,CEO Clean Harbors CLH S $5,405,108
8 Lamach Michael CB,CEO Ingersoll-Rand IR AS $5,251,188
9 Abram J Adam DIR Yadkin Financial YDKN S $4,838,421
10 Oyler John CEO,DIR,BO BeiGene BGNE S $4,459,330 | 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.

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.