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

Top Insider Trades 12/31/13: MVBF, CEN, ZF, QBAK

|Includes: CEN, MVB Financial Corp. (MVBF), QBAK, ZF

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, December 31, 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
Honig Barry C DIR,BO Pershing Gold PGLC JB* $1,249,838
Brooks Stephen R DIR MVB Financial MVBF JB* $100,000
Bkf Capital BO Qualstar QBAK B $98,901
Barnes Randall C TT,DIR Gughm Cr Al Fd GGM B $48,938
Bauch William W TR Center Coast Mlp & Inf CEN B $45,050
Dickerson David VP Zweig Fund ZF B $38,636
Evans Jack TT Nuveen SD Cr Fd JSD B $37,452
Evans Jack O Nuveen FR Inc Fd JRO B $36,180
Evans Jack DIR Nuveen Pref Inc Fd JTP B $35,374
Longnecker Brent DIR Amreit AMRE B $33,636

Source: | Key to Insider Title and Trans Type Codes

Insider Sales
Filer Name Insider Titles Company Name Ticker Trans
Dollar Value
Star NCLC BO Norwegian Cruise NCLH JS* $53,079,512
Apollo Mgt Gp BO Norwegian Cruise NCLH JS* $39,809,632
Foley William P II DIR Fidelity Natl Fin FNF S $9,541,271
Keywell Bradley DIR Groupon GRPN AS $5,757,500
Considine Terry CB,CEO Apt Inv & Mgt AIV S $2,610,290
Stryker Ronda E DIR Stryker SYK AS $1,574,919
Sterrett Stephen E VP,CFO Simon Property SPG S $1,371,369
Alfers Stephen D CEO,PR,DIR Pershing Gold PGLC JS* $1,249,838
Samartsev Igor CTO,DIR Ipg Photonics IPGP AS $1,141,500
Stoppelman Jeremy CEO,DIR,BO YELP YELP AS $953,322

Source: | Key to Insider Title and Trans Type Codes