Daily Insider Ratings Round Up 3/13/19

Mar. 15, 2019 4:54 PM ET, , , , 1 Comment

Summary

  • Tables of the top insider purchases and sales filed with the SEC on 3/13/19, 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.
  • This idea was discussed in more depth with members of my private investing community, Daily Insider Ratings . Start your free trial today »

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. In contrast, these free Round-Up articles are delayed.

We employ over a million lines of code programming and 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.

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 trading volumes are now on the rise, as companies open trading windows to insiders after releasing recent financial results. Insider activity will continue to increase in coming weeks and peak again in the first week of March.

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On Today's Tables:

Insider trades were rated Significant at:

  • Enstar (ESGR).
  • Delta Air Lines (DAL).
  • Corindus Vascular Robotics (CVRS).
  • Apellis Pharmaceuticals (APLS).

Insider trades were rated Nearly Significant at:

  • PBF Energy (PBF).

Insider trades were considered Insignificant at:

  • Standard Diversified (SDI).
  • Hyster-Yale Materials Handling (HY).
  • Cigna (CI).
  • Tallgrass Energy (TGE).
  • Pluralsight (

If you're serious about using insider data in your investment process, you can't find a better source of investment ideas (or a better value!) than our Daily Ratings Reports. Subscribe or Trial Now!

This article was written by

8.75K Followers
Jonathan Moreland is the founder and Director of Research at InsiderInsights.com, which produces a Daily Ratings Report, Weekly Report, 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 on InteractiveBrokers' research platform. Mr. Moreland has been a source and contributor to numerous financial outlets. A fundamental analyst with an MBA in finance, Mr. Moreland identified insider data over 30 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.

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.

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Related Stocks

SymbolLast Price% Chg
APLS--
Apellis Pharmaceuticals, Inc.
DAL--
Delta Air Lines, Inc.
ESGR--
Enstar Group Limited
PBF--
PBF Energy Inc.
CVRS--
Corindus Vascular Robotics, Inc.

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