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Top Insider Trades 7/11/13: ACHN, ACM, CO, DRAD

Jul. 12, 2013 7:13 AM ETACHN, ACM, CORBF, STRR
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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 Thursday, July 11, 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
Qvt Assoc Gp BO Achillion Pharm ACHN B $2,475,223
McCarthy Kent C BO China Cord Blood CO B $1,066,639
Brown J McCauley BO Brown Forman BFB JB* $237,141
Yang Hong PR,DIR,BO Zenitech ZNTH JB* $115,000
Rivelle Tad O Tcw Str Inc Fd TSI B $106,266
Frost Phillip Md CEO,CB,BO Opko Health OPK B $72,088
Eberwein Jeffrey E DIR Digirad DRAD AB $36,433
Gillman Charles M DIR Digirad DRAD AB $36,426
Woodbury Jeffrey K DIR Investors RE Tr IRET B $18,220
Vanis V Scott DIR,BO Minerco Resources MINE B $13,000

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

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Page Lawrence CEO,DIR,BO Google GOOG AS $56,786,968
Sandberg Sheryl COO,DIR Facebook FB AS $4,526,760
Friedman Brian P DIR Fiesta Restaurant FRGI S $3,209,864
Bong Francis S Y DIR Aecom Technology ACM AS $2,570,000
Stryker Ronda E DIR Stryker SYK AS $1,395,190
Goldfarb Morris CEO,DIR,BO G III Apparel GIII S $1,097,554
Bycoff Barry N DIR Progress Software PRGS S $1,032,915
Koski Christine L DIR,BO Sun Hydraulics SNHY AS $982,169
Millard Robert B O Gulfmark Offshore GLF S $968,399
Shum Anthony C PR Aecom Technology ACM AS $877,500

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

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