Seeking Alpha

Daily Insider Ratings Round Up 7/18/19

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Includes: ALGT, ALTD, APVO, AXLA, BBY, CSOD, DLB, FSLY, IEA, INSP, JQC, MA, OKTA, ORMP, OTEL, QCRH, SHAK, SNES, TPL, TTD
by: InsiderInsights
Summary

Tables of the top insider purchases and sales filed with the SEC on 7/18/19, 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: Insider trading volumes will remain weak into the last week of July before surging again in August, as companies open trading windows to execs after June-quarter earnings are released.

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On Today's Tables:

Insider trades were rated Significant at:

  • Otelco (OTEL); and
  • Aptevo Therapeutics (APVO).

Insider trades were rated Nearly Significant at:

Insider trades were considered Insignificant at:

  • SenesTech (SNES);
  • Oramed Pharm (ORMP);
  • Axcella Health (AXLA);
  • Texas Pacific Land Trust (TPL);
  • Infrastructure & Energy Alternatives (IEA);
  • Altitude Intl (OTCQB:ALTD);
  • Trade Desk (TTD);
  • Shake Shack (SHAK);
  • QCR (QCRH);
  • OKTA (OKTA);
  • Mastercard (MA);
  • Nuveen Cr Str Inc Fd (JQC);
  • Dolby Labs (DLB);
  • Cornerstone OnDemand (CSOD);
  • Best Buy Co. (BBY); and
  • Allegiant Travel (ALGT).

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

  • Inspire Medical Systems (INSP).

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

Abdiel Capital Mgt

BO

Fastly

FSLY

B

$2,931,121

2

Siegel Kenneth S

CEO, DIR

SenesTech

SNES

JB*

$940,000

3

Sochet Ira

BO

Otelco

OTEL

B

$329,721

4

Sank Leonard

DIR

Oramed Pharm

ORMP

B

$195,711

5

Horizon Kinetics Asset Mgt

BO

Texas Pacific Land Trust

TPL

B

$120,810

6

El Hibri Fuad

DIR, BO

Aptevo Therapeutics

APVO

B

$29,300

7

Epstein David R

DIR

Axcella Health

AXLA

B

$22,650

8

Kanuth Robert

CEO, DIR, BO

Altitude Intl

ALTD

JB*

$16,400

9

Ziegler Marie Z

DIR

QCR

QCRH

AB

$6,550

10

Layman Andrew Dean

CFO

Infrastructure & Energy Alternatives

IEA

AB

$2,790

Insider Sales

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

1

Erony Joyce

DIR

Inspire Medical Systems

INSP

AS

$7,938,848

2

Sokoloff Jonathan D

DIR

Shake Shack

SHAK

S

$7,426,505

3

Horowitz Benjamin A

DIR

OKTA

OKTA

AS

$6,629,000

4

Mastercard Fdn

BO

Mastercard

MA

S

$6,615,373

5

Dolby Dagmar

BO

Dolby Labs

DLB

AS

$6,526,780

6

Schulze Richard

BO

Best Buy Co

BBY

S

$5,213,310

7

Miller Adam L

CEO, DIR

Cornerstone OnDemand

CSOD

AS

$4,579,115

8

Gallagher Maurice J Jr

CEO, CB, BO

Allegiant Travel

ALGT

AS

$2,912,250

9

Pickles David Randall

CTO

Trade Desk

TTD

AS

$2,450,138

10

Saba Capital Mgt

BO

Nuveen Cr Str Inc Fd

JQC

S

$2,291,271

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.