Entering text into the input field will update the search result below

Top Insider Trades 7/3/13: NDLS, NVAX, VNR, OPK

Jul. 05, 2013 9:58 AM ETNDLS, NVAX, VNR, OPK
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Long/Short Equity, Insider Ownership, behavioral finance

Seeking Alpha Analyst Since 2012

Jonathan Moreland is the founder and Director of Research at InsiderInsights.com, which produces a Daily Ratings Report, Weekly Newsletter, and offers real-time insider data and analytics via its institutional strength Data Module and APIs. InsiderInsights' research and data are further available on Bloomberg terminals at ININ and APPS ININ . Mr. Moreland is also a past contributor to TheStreet.com, Minyanville, and other financial outlets. A fundamental analyst with an MBA in finance, Mr. Moreland identified insider data over 25 years ago as an excellent first screen to determine where to focus his research efforts. He is quoted frequently in the media for his insider analysis, and stock recommendations stemming from it. He is also author of "Profit From Legal Insider Trading" (Dearborn 2001). Mr. Moreland is currently on a mission to get investors to expect more from insider data than the commodity feeds they rely on retail financial websites.

Daily Top Insider Trades Instablog

  • Did you know? You could have seen the trades below within hours of being filed. If you want more Top Trades emailed 4 times a day, sign up for our Free Intra-Day Top Trades Alerts.

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 Wednesday, July 3, 2013 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 InsiderInsights.com, 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 support@insiderinsights.com 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
Hottinger Capital FO Swiss Helvetia Fd SWZ B $1,500,788
Frost Phillip Md CEO,CB,BO Opko Health OPK B $203,902
Kinsey Keith J PR,COO,DIR Noodles NDLS JB* $180,000
Rand James T DIR Noodles NDLS JB* $135,000
Foster Vincent D CEO,PR,DIR Main Street Cap MAIN B,JB* $101,204
Phillips Barclay A DIR Novavax NVAX B $95,000
Petrilli Felix T VP,OO Noodles NDLS JB* $90,000
Robert Richard A VP,CFO Vanguard Nat Res VNR B $51,520
Smith Scott W PR,CEO,DIR Vanguard Nat Res VNR B $50,500
St Peter Steven PR,CEO,DIR Aratana Therap PETX JB* $49,998

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Av Partners VIII BO Homeaway AWAY S $31,577,610
Fpr Partners BO Viasat VSAT S $15,746,164
Artiman BO Invensense INVN S $7,397,164
Gehring Fred CEO,DIR PVH PVH AS $5,190,468
FMR BO Insmed INSM S $3,644,080
Starzer Michael R PR,CEO,DIR Bonanza Crk En BCEI AS $3,556,000
Wicki Andreas DIR Pacira Pharm PCRX AS $3,457,073
Sze David L DIR Linkedin LNKD AS $2,893,164
Auvil Paul R Iii CFO Proofpoint PFPT AS $2,808,787
Usrg Holdco V BO Ren Energy REGI AS $2,724,774

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.