Daily Insider Ratings Round Up 4/23/19

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Includes: ADX, C, CRM, CXO, DAL, EHI, HIO, HIX, HOFT, HOOK, MIME, NOW, OPK, RXN, SCHW, SLB, VVR, WIZP, YRIV
by: InsiderInsights
Summary

Tables of the top insider purchases and sales filed with the SEC on 4/23/19, 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 three-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.

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On Today's Tables:

Insider trades were rated Significant at :

  • Invesco Senior Income Trust (VVR);
  • Western Asset High Income Fund II (HIX);
  • Western Asset High Income Opportunity Fund (HIO); and
  • Western Asset Global High Income Fund (EHI).

Insider trades were rated Nearly Significant at:

  • OPKO Health (OPK).

Insider trades were considered Insignificant at:

  • Yangtze River Port & Logistics (YRIV);
  • Wize Pharma (OTCQB:WIZP);
  • Hooker Furniture (HOFT);
  • Adams Diversified Equity Fund (ADX);
  • Schlumberger Limited (SLB);
  • ServiceNow (NOW);
  • Mimecast (MIME);
  • Salesforce.com (CRM); and
  • Citigroup (C).

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

  • Charles Schwab (SCHW);
  • Rexnord (RXN);
  • Delta Air Lines (DAL); and
  • Concho Resources (CXO).

There is an IPO or Known Corporate Action at:

  • Hookipa Pharma (HOOK).

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

Baker Bros

BO

Hookipa Pharma

HOOK

B, JB*

$12,499,998

2

Saba Capital Mgt

BO

Western Asset High Income Fund II

HIX

B, JB*

$497,984

3

Saba Capital Mgt

BO

Western Asset High Income Opportunity Fund

HIO

JB*,B

$353,540

4

Saba Capital Mgt

BO

Western Asset Global High Income Fund

EHI

B

$331,481

5

Saba Capital Mgt

BO

Invesco Senior Income Trust

VVR

B

$306,973

6

Liu Xiangyao

CEO, DIR, BO

Yangtze River Port & Logistics

YRIV

B

$305,646

7

Smith Craig R

DIR

Adams Diversified Equity Fund

ADX

B

$253,552

8

Williamson Henry G Jr

DIR

Hooker Furniture

HOFT

B

$225,040

9

Frost Phillip Md

CEO, CB, BO

OPKO Health

OPK

B

$185,613

10

Danenberg Noam

CEO

Wize Pharma

WIZP

JB*

$125,000

Insider Sales

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

1

Schwab Charles

CB, DIR, BO

Charles Schwab

SCHW

S

$11,321,550

2

Bird Stephen

CEO

Citigroup

C

S

$2,079,900

3

Bastian Edward H

CEO, DIR

Delta Air Lines

DAL

S

$1,725,000

4

Benioff Marc

CB, CEO

Salesforce.com

CRM

AS

$1,590,128

5

Murray Neil

DIR

Mimecast

MIME

AS

$1,198,442

6

Ayat Simon

CFO

Schlumberger Limited

SLB

S

$1,152,500

7

Bauer Peter

CEO, DIR

Mimecast

MIME

AS

$891,818

8

Gray Steven D

DIR

Concho Resources

CXO

AS

$840,000

9

Adams Todd A

CEO, DIR

Rexnord

RXN

AS

$839,910

10

Schneider David

PR, OO

ServiceNow

NOW

AS

$805,772

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.

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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.