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

Top Insider Trades 10/22/13: SCTY, EVEP, PDI, PCI

|Includes: EVEP-OLD, PCI, PDI, Tesla, Inc. (TSLA)

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 Tuesday, October 22, 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
Musk Elon DIR Solarcity SCTY JB* $10,000,003
Rive Lyndon R CEO,DIR Solarcity SCTY JB* $4,999,979
Barnard Hayden O Solarcity SCTY JB* $4,999,979
Walker John B CB,DIR Ev Energy Part EVEP B $4,976,100
Gross William H O Pimco Dyn Inc Fd PDI B $2,930,890
Gross William H O Pimco DC Inc Fd PCI B $2,241,520
Anderson John C VP Springleaf LEAF JB* $1,020,000
Marubeni DIR,BO Aircastle AYR B $557,970
Houser Mark A PR,CEO,DIR Ev Energy Part EVEP B $552,900
Gross William H O Pimco Ca Mu Inc PCQ B $513,224

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Samsung Elect BO Seagate Tech STX JS* $1,505,181,056
Valueact DIR Adobe Systems ADBE S $183,269,104
Luczo Stephen J CB,PR,CEO Seagate Tech STX AS $17,502,304
Quadracci Betty DIR Quad Graphics QUAD AS $9,240,544
Kellogg WK Fdn BO Kellogg K AS $7,733,896
O Shea Paul J VP,DIR Enstar ESGR AS $6,588,029
Brown Williamson BO Reynolds Amer RAI S $6,303,456
Trivedi Ashok DIR,BO Igate IGTE S $4,435,359
Putnam James S DIR Lpl Financial LPLA AS $3,100,669
Wadhwani Sunil DIR,BO Igate IGTE S $2,217,632

Source: | Key to Insider Title and Trans Type Codes