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Top Insider Trades 9/21/12: NATR, LEI, TIF, WTSLA


Daily Top Insider Trades Instablog

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In a victory for common sense, the trading behavior of company executives, directors, and large shareholders in the stocks of firms they're registered "insiders" at have been proven profitable to monitor by both academic studies and (more importantly) the experience of professional investors.

Below are lists of the top 10 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Friday, September 21, 2012 as ranked by dollar value.

Please note, however, that these are factual lists (with edits to remove some noise), not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction, and, frankly, often not even the most important metric that determines if an insider transaction is significant.

We should also point out that we are presently in a slow filing time for insiders because many companies still have their trading windows closed to their executives until their June quarter earnings are released.

But at, we find new investment ideas just about every day using these and more intricate insider screens to determine where we should focus our subsequent fundamental and technical analysis. And while stocks don't (or shouldn't) move up or down based on insider activity alone, insiders tend to be good indicators of when real stock-moving events like earnings surprises, corporate actions, and new products may be in the offing.

So use these regular blog posts as the initial research tools they are meant to be, and click the links in the tables to analyze a company's or insider's full insider history. Also feel free to email with any questions on our proprietary insider data, and how it is best analyzed.

Insider Purchases
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Mesdag Willem DIR,BO Natures Sunshine NATR B $3,218,112
Meson Capital BO Lucas Energy LEI B $1,599,417
Young Capital Mgt O Lucas Energy LEI B $1,232,022
Abrams Capital Mgt BO Engility EGL JB* $812,334
Frost Phillip MD et al CEO,CB,BO Opko Health OPK B $472,014
Piluso Charles M CEO,CB,BO Data Storage DTST JB* $125,000
North Star Inv Mgt BO Peerless Systems PRLS B $116,002
Kahn Harold DIR Wet Seal WTSLA B $112,700
Shanks Earl C DIR Verint Systems VRNT B $96,740
Duskin Jonathan DIR Wet Seal WTSLA B $75,078

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
May Peter W DIR Tiffany TIF S $24,406,566
Pescio Carl A DIR Allied Nevada Gold ANV S $11,284,440
Kao Min H CEO Garmin GRMN AS $4,795,393
Ta Assoc O MetroPCS Comms PCS AS $4,026,841
Brody Christopher W DIR Intuit INTU S $2,796,614
Kellogg W K Foundation BO Kellogg K AS $2,456,103
Rice Patricia A PR Select Medical SEM AS $2,127,000
Addington Hills BO Ixia XXIA S $2,087,148
Marquis Charles K DIR Tiffany TIF S $1,935,399
Sheedy William M PR Visa V AS $1,729,661

Source: | Key to Insider Title and Trans Type Codes