Daily Insider Ratings Round Up 4/10/19

|
Includes: FB, FUND, GTE, KMI, LNDC, NHS, OTEL, VVR, WOW
by: InsiderInsights
Summary

Tables of the top insider purchases and sales filed with the SEC on 4/10/19, 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.

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 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: We’re now in the midst of the usual April lull in Form 4 filings, as companies close trading windows to their execs until March-quarter financials are released. Volumes pick up sharply again in May.

----------------------

On Today's Tables

Insider trades were rated Significant at:

  • WideOpenWest (WOW);
  • Invesco Senior Income Trust (VVR);
  • Otelco Inc. (OTEL);
  • Neuberger Berman High Yield Strategies Fund (NHS);
  • Landec Corp. (LNDC);
  • Kinder Morgan (KMI);
  • Gran Tierra Energy (GTE), and;
  • Sprott Focus Trust (FUND).

Insider trades were rated Nearly Significant at:

  • Facebook (FB).

Insider trades were considered Insignificant at:

  • Wayfair (W);
  • Vonage Holdings Corp. (VG);
  • Shake Shack (SHAK);
  • Proofpoint (PFPT);
  • ServiceNow (NOW);
  • Monolithic Power Systems (MPWR);
  • Genomic Health (GHDX), and;
  • Carvana (CVNA).

There is an IPO or Known Corporate Action at:

  • NGM Biopharmaceuticals (NGM), and;
  • Cyclerion Therapeutics (CYCN).

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

Svennilson Peter

DIR, BO

NGM Biopharmaceuticals

NGM

JB*

$30,320,000

2

McGuire Terrance

DIR

Cyclerion Therapeutics

CYCN

B

$10,017,872

3

Kinder Richard D

CB, DIR, BO

Kinder Morgan

KMI

AB

$3,454,850

4

Saba Capital Mgt

BO

Neuberger Berman High Yield Strategies Fund

NHS

B

$1,532,418

5

Saba Capital Mgt

BO

Invesco Senior Income Trust

VVR

B

$1,037,485

6

Crestview Partners Iii Gp

DIR, BO

WideOpenWest

WOW

AB

$872,928

7

Obus Nelson

DIR

Landec Corp.

LNDC

B

$310,000

8

George Whitney

DIR, BO

Sprott Focus Trust

FUND

B

$269,231

9

GMT Capital

BO

Gran Tierra Energy

GTE

B

$249,000

10

Sochet Ira

BO

Otelco Inc.

OTEL

B

$125,419

Insider Sales

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

1

Zuckerberg Mark

CB, CEO, BO

Facebook

FB

AS

$39,594,588

2

Sokoloff Jonathan D

DIR

Shake Shack

SHAK

AS

$14,590,571

3

Baker Bros

DIR, BO

Genomic Health

GHDX

S

$12,428,399

4

Luddy Frederic B

DIR

ServiceNow

NOW

AS

$5,222,348

5

Garcia Ernest C II

BO

Carvana

CVNA

AS

$4,604,287

6

Conine Steven

F, DIR, BO

Wayfair

W

AS

$3,975,206

7

Shah Niraj

CEO, DIR, BO

Wayfair

W

AS

$3,924,300

8

Citron Jeffrey A

DIR

Vonage Holdings Corp.

VG

AS

$2,435,000

9

Steele Gary

CEO, DIR

Proofpoint

PFPT

AS

$2,400,509

10

Moyer James C

DIR

Monolithic Power Systems

MPWR

AS

$2,158,940

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?

Disclosure: I am/we are long FUND. 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.