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Top Insider Trades 7/15/13: ACHN, DG, GORO, BNGOF

Jul. 16, 2013 9:07 AM ETACHN, DG, GORO
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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 Monday, July 15, 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 $2,591,167
Pessina Stefano DIR Walgreen WAG JB* $1,576,273
Williams Gwynn BO Bingo Com BNGOF JB* $370,000
Vn Capital Mgt BO Breeze Eastern BZC B $258,030
Seidner Marc P O Pimco Cr Inc Fd PCI B $223,600
Frost Phillip Md CEO,CB,BO Opko Health OPK B $143,423
Gallagher Robert F DIR Mocon MOCO JB* $102,150
Brown J McCauley BO Brown Forman BFB JB* $92,254
Jones Adrian M DIR Dollar General DG JB* $72,124
George W Whitney FO,DIR,BO Royce Focus Tr FUND JB* $59,011

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

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Jones Adrian M DIR Dollar General DG JS* $188,346,304
Hochschild Mining BO Gold Resource GORO JS* $25,650,000
Spo Advisory BO Lamar Advertising LAMR S $21,808,950
Frazier Laura BO Brown Forman BFB S $9,109,547
Koch Jonathan DIR Ren Energy REGI AS $6,515,961
Doerr L John DIR Google GOOG AS $4,167,103
Hagedorn Part BO Scotts Miracle Gro SMG S $3,645,766
Lang Mark VP Sturm Ruger & Co RGR AS $3,538,115
Wicki Andreas DIR Pacira Pharm PCRX AS $2,518,416
FMR BO Insmed INSM S $1,743,635

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

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