Daily Insider Ratings Round Up 7/17/18

Jul. 19, 2018 5:04 AM ETMIC, IFF, EGN, RA, INF, XNCR, W, SAIL, PLNT, PFE, NOW, ELLI, ACOR, WBA, USX, SPRO, OCIP3 Comments1 Like

Summary

  • Tables of the top insider purchases and sales filed with the SEC on 7/17/18, 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 on the Title date. 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. Our free Round-Up articles are delayed.

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: We're definitely in the summer doldrums for insider trading filings. The volume of Form 4s will stay low for most of July, before ramping up in August and staying strong through September.

On Today's Tables:

Insider trades were rated Significant at:

  • Macquarie Infrastructure (NYSE:MIC);
  • International Flavors & Fragrances (NYSE:IFF), and;
  • Energen Corp. (NYSE:EGN).

Insider trades were considered Insignificant at:

  • Brookfield Real Assets Income Fund (NYSE:RA);
  • Brookfield Global Listed Infrastructure Income Fund (NYSE:INF);
  • Xencor (NASDAQ:XNCR);
  • Wayfair (NYSE:W);
  • SailPoint Technologies (NYSE:SAIL);
  • Planet Fitness (NYSE:PLNT);
  • Pfizer (NYSE:PFE);
  • ServiceNow (NYSE:NOW);
  • Ellie Mae (NYSEMKT:ELLI), and;
  • Acorda Therapeutics (NASDAQ:ACOR).

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

  • Walgreens Boots Alliance (NASDAQ:WBA);
  • U.S. Xpress Enterprises (NYSE:USX), and;
  • Spero Therapeutics (NASDAQ:SPRO).

There is an IPO or Known Corporate Action at:

  • OCI Partners (NYSE:OCIP).

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 TransType Dollar Value

1

Barra Ornella

COO

Walgreens Boots Alliance

WBA

B

$110,755,000

2

Pessina Stefano

VCB, CEO, BO

Walgreens Boots Alliance

WBA

JB*

$108,500,240

3

OCIP Holding

DIR, BO

OCI Partners

OCIP

JB*

$10,731,834

4

Winder Investment Pte

BO

International Flavors & Fragrances

IFF

B

$9,824,676

5

Macquarie

BO

Macquarie Infrastructure

MIC

AB

$4,954,633

6

Icahn Carl C

O

Energen Corp.

EGN

B

$3,733,179

7

GlaxoSmithKline

BO

Spero Therapeutics

SPRO

JB*

$1,000,000

8

Fuller Max L

CB, DIR, BO

U.S. Xpress Enterprises

USX

AB

$805,811

9

Brookfield Invest

O

Brookfield Real Assets Income Fund

RA

B

$532,725

10

Brookfield Invest

O

Brookfield Global Listed Infrastructure Income Fund

INF

B

$490,506

Insider Sales

#: Filer Name Insider Titles Company Name Ticker TransType Dollar Value

1

Barra Ornella

COO

Walgreens Boots Alliance

WBA

JS*

$108,500,240

2

Read Ian C

CB, CEO

Pfizer

PFE

AS

$18,186,316

3

Luddy Frederic B

DIR

ServiceNow

NOW

AS

$6,172,592

4

Stafford John S III

BO

Xencor

XNCR

S

$4,626,479

5

McClain Mark D

CEO, PR, DIR

SailPoint Technologies

SAIL

AS

$2,537,579

6

Conine Steven

F, DIR, BO

Wayfair

W

AS

$2,196,855

7

Shah Niraj

CEO, DIR, BO

Wayfair

W

AS

$2,196,571

8

Anderman Sigmund

DIR

Ellie Mae

ELLI

AS

$1,546,311

9

Scopia Capital Management

BO

Acorda Therapeutics

ACOR

S

$1,000,331

10

Rondeau Christopher

CEO, DIR

Planet Fitness

PLNT

AS

$962,704

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

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Jonathan Moreland is the founder and Director of Research at InsiderInsights.com, which produces a Daily Ratings Report, Weekly Newsletter, and offers real-time insider data and analytics via its institutional strength Data Module and APIs. InsiderInsights' research and data are further available on Bloomberg terminals at ININ and APPS ININ . Mr. Moreland is also a past contributor to TheStreet.com, Minyanville, and other financial outlets. A fundamental analyst with an MBA in finance, Mr. Moreland identified insider data over 25 years ago as an excellent first screen to determine where to focus his research efforts. He is quoted frequently in the media for his insider analysis, and stock recommendations stemming from it. He is also author of "Profit From Legal Insider Trading" (Dearborn 2001). Mr. Moreland is currently on a mission to get investors to expect more from insider data than the commodity feeds they rely on retail financial websites.
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Disclosure: I am/we are long EGN. 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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