Daily Insider Ratings Round Up 7/7/17: IFF, AYX, MCC, SEAS, GSAT
Summary
- Tables of the top insider purchases and sales filed with the SEC on 7/7/17, 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.
InsiderInsights' Daily Round Up articles rate the "significance" of the top 10 dollar value insider purchases and sales filed at the SEC yesterday. Dollar value is only the most basic metric to assess the significance of an insider transaction, however, and there are many more "Significant" insider trades with lower dollar values every day in our comprehensive Daily Insider Ratings Reports, which also reach clients before the market opens each morning.
We employ over a million lines of code programming our decades of experience analyzing insider transactions to harvest, analyze, and profitably rate insider transactions in real time. When a new insider transaction occurs, our programs mathematically score the significance of the company's 3-month insider profile based on numerous criteria.
Stocks that achieve an InsiderInsights Company Rating of "Significant" and "Nearly Significant" have been independently validated to generate alpha as a group. Only stocks that achieve those Ratings on the tables below are highlighted in our article headlines, and have our articles linked to their Seeking Alpha company profiles.
The intention of our Round Up articles is to both separate real insider investment intelligence from time-wasting noise and to educate investors that -- though insider transactions are indeed an excellent source of investment intelligence -- it takes much more analysis than screening by dollar values to make money from insider data.
Seasonal Note: Insider filing volumes are at a seasonal low point, as companies close trading windows to their executives until June-quarter financials are released. Form 4 filing volumes will continue to wane into the third week of July, before surging again in the first week of August.
On Today's Tables:
Insider trades were rated Significant at :
Insider trades were rated Nearly Significant at:
Insider trades were considered Insignificant at:
- ZAYO (ZAYO);
- Suncoke Energy (SXC);
- Novocure (NVCR);
- Ihs Markit (INFO);
- Healthequity (HQY), and;
- Autodesk (ADSK).
There is a Conflicted Insider Signal (both purchases & sales) at:
- Rsp Permian (RSPP);
- Q2 (QTWO);
- Liberty Media (LSXMA);
- Liberty Global (LBTYK);
- Morgan Stanley India Investment Fund (IIF), and;
- Estee Lauder (EL).
There is an IPO or Known Corporate Action at:
It's difficult to argue significance for most transactions made during IPOs, or when insiders make trades during a known corporate action.
Don't agree with our Rating? Click the Company Name links in the tables below to analyze a company's or insider's full insider history yourself and reach your own conclusions!
Insider Purchases
| #: | Filer Name | Insider Titles | Company Name | Ticker | Trans Type | Dollar Value |
| 1 | Monroe James Iii | CEO,DIR,BO | Globalstar | GSAT | JB* | $33,000,000 |
| 2 | Malone John C | DIR,BO | Liberty Global | LBTYK | JB* | $16,264,717 |
| 3 | Lv Mgt Group | BO | Aileron Therapeutics | ALRN | JB* | $3,750,000 |
| 4 | Winder Investment Pte | BO | Intl Flavors | IFF | B | $2,651,304 |
| 5 | Manning Paul B | DIR,BO | Dova Pharm | DOVA | JB* | $2,550,000 |
| 6 | Taube Brook | CEO,DIR,BO | Medley Capital | MCC | B | $1,581,341 |
| 7 | Abdiel Capital Mgt | BO | Alteryx | AYX | B | $1,511,275 |
| 8 | Hill Path Capital | BO | Seaworld Ent | SEAS | B | $1,296,734 |
| 9 | Goldman Steven M | DIR | Dova Pharm | DOVA | JB* | $1,291,500 |
| 10 | City Of London Investment | BO | Morgan Stanley India Investment Fund | IIF | B | $981,000 |
Insider Sales
| #: | Filer Name | Insider Titles | Company Name | Ticker | Trans Type | Dollar Value |
| 1 | Berkley Capital | BO | Healthequity | HQY | S | $10,575,471 |
| 2 | Uggla Lance Darrell Gordon | PR,DIR | Ihs Markit | INFO | S | $5,301,898 |
| 3 | Seale R H | DIR | Q2 | QTWO | AS | $3,132,150 |
| 4 | Caruso Daniel | CEO,DIR | ZAYO | ZAYO | AS | $3,085,981 |
| 5 | Malone John C | CB,DIR,BO | Liberty Media | LSXMA | JS* | $3,036,124 |
| 6 | Mangrove Partners Master Fund | BO | Suncoke Energy | SXC | S | $2,939,547 |
| 7 | Danziger Asaf | CEO,DIR | Novocure | NVCR | AS | $2,905,261 |
| 8 | Bass Carl | DIR | Autodesk | ADSK | AS | $2,698,868 |
| 9 | Freda Fabrizio | CEO,DIR | Estee Lauder | EL | AS | $1,509,820 |
| 10 | Collins Ted Jr | DIR,BO | Rsp Permian | RSPP | AS | $1,351,035 |
Source: InsiderInsights.com | 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. 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?
This article was written by
Analyst’s 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.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.