Daily Insider Ratings Round Up 5/15/19

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Includes: HAIN, OPK, QRTEA
by: InsiderInsights
Summary

Tables of the top insider purchases and sales filed with the SEC on 5/15/19, 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: Insider trading volumes are now in a seasonally high period and will stay strong through May.

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On Today's Tables:

Insider trades were rated Significant at:

  • Qurate Retail (QRTEA), and;
  • OPKO Health (OPK).

Insider trades were rated Nearly Significant at:

  • Hain Celestial (HAIN).

Insider trades were considered Insignificant at:

  • Nanophase Technologies (NANX);
  • Intra-Cellular Therapies (ITCI);
  • Immunomedics (IMMU);
  • ServiceNow (NOW);
  • Hershey (HSY);
  • Haemonetics (HAE);
  • Allogene Therapeutics (ALLO), and;
  • Align Technology (ALGN).

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

  • YETI (YETI), and;
  • Overstock.com (OSTK).

There is an IPO or Known Corporate Action at:

  • South Plains Financial (SPFI);
  • NextCure (NXTC);
  • Milestone Pharmaceuticals (MIST), and;
  • Axcella Health (AXLA).

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

Engaged Capital Co Invest Vi D

O

Hain Celestial

HAIN

B

$49,189,860

2

Avoro Capital Advisors

DIR

Immunomedics

IMMU

B

$11,328,750

3

Flagship Ventures Fund Iv General Partner

BO

Axcella Health

AXLA

JB*

$10,000,000

4

Malone John C

DIR, BO

Qurate Retail

QRTEA

B

$9,986,320

5

Fonds De Solidarite Des Travailleurs Du Quebec

BO

Milestone Pharmaceuticals

MIST

JB*

$6,499,995

6

Sofinnova Venture Partners IX

BO

NextCure

NXTC

JB*

$6,000,000

7

George Michael A

CEO, DIR

Qurate Retail

QRTEA

B

$3,060,406

8

Frost Phillip Md

CEO, CB, BO

OPKO Health

OPK

B

$1,995,025

9

Whitmore Bradford T

BO

Nanophase Technologies

NANX

JB*

$1,675,600

10

Alafi Christopher D

DIR

Intra-Cellular Therapies

ITCI

B

$1,256,350

Insider Sales

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

1

Cortec Mgt V

BO

YETI

YETI

S, JS*

$194,694,960

2

Hershey Trust Co Trustee In Trust For Milton Hersh

BO

Hershey

HSY

AS

$74,039,800

3

TPG Group

BO

Allogene Therapeutics

ALLO

JS*

$56,373,020

4

Seiders Roy J

DIR, BO

YETI

YETI

S

$37,600,108

5

Campbell Richard D

DIR

South Plains Financial

SPFI

JS*

$11,900,000

6

Byrne Patrick Michael

CEO, DIR, BO

Overstock.com

OSTK

S

$6,544,075

7

Kolli Sreelakshmi

VP, IO, TO

Align Technology

ALGN

S

$6,321,938

8

Luddy Frederic B

DIR

ServiceNow

NOW

AS

$5,807,019

9

Simon Christopher

CEO, DIR

Haemonetics

HAE

S

$5,442,548

10

Pascaud Raphael

SO, BD

Align Technology

ALGN

S

$4,892,670

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.