Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Top Insider Trades 9/19/13: PCI, BTH, HALL, MDGN

|Includes: BTH, GNMX, HALL, PIMCO Dynamic Credit Income Fund (PCI)

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 Thursday, September 19, 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, 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
Summer Wind Cap BO Carlyle Gaming CGME JB* $4,350,170
Gross William H O Pimco Dyn Cr Inc Fd PCI B $2,728,080
Marubeni DIR,BO Aircastle AYR B $516,966
Goergen Todd A BO Blyth BTH B $246,800
D Angelo Frank D DIR Evertec EVTC B $229,670
Schwarz Mark E CB,DIR,BO Hallmark Financial HALL B $220,000
Seidner Marc P O Pimco Dyn Cr Inc Fd PCI B $218,499
Poduska John W DIR EXA EXA JB*,B $184,644
Barer Sol J DIR Medgenics MDGN B $111,478
Gingles Andre J DIR Old Line Bancshares OLBK JB* $100,009

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Popular DIR,BO Evertec EVTC JS* $197,170,896
Global Infrastr Inv BO Access Midstream ACMP JS* $46,110,000
Mayfield Cayman LP BO Marketo MKTO JS* $30,138,706
Monomoy Ult Gp DIR,BO Everyware Global EVRY JS*,S $18,570,019
Ryu Marcus CEO,PR,DIR Guidewire Software GWRE AS $6,232,382
Stern Theodore DIR Incontact SAAS AS $4,515,969
Peek Mark S CFO Workday WDAY AS $3,057,648
Levchin Max R DIR,BO YELP YELP AS $2,259,825
Sze David L DIR Linkedin LNKD AS $1,542,137
Abdoo Elizabeth A VP,GC Host Hotels HST S $1,256,139

Source: | Key to Insider Title and Trans Type Codes