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Top Insider Trades 8/6/12: OSG, FDML, HK, DOLE

|Includes: DOLE, FDML, HK, Overseas Shipholding Group, Inc. (OSGB)

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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 CommissionWednesday, August 6, 2012 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
1 Murdock David H CB,DIR,BO Dole Food Co DOLE B $4,970,050
2 Coleman Thomas B DIR Overseas Shipholding OSG B $582,370
3 Lenner Marc J DIR Valley National Bancorp VLY B $462,080
4 Icahn Carl C CB,DIR,BO Federal Mogul FDML B $382,124
5 Sahney Nitin COO,PR Omnicare OCR B $320,000
6 Carden William J CEO,PR,DIR,BO Amer Spectrum Rlty AQQ JB* $308,091
7 Herod Stephen W PR Halcon Resources HK B $298,654
8 Venrock Associates V BO Zeltiq Aesthetics ZLTQ B $283,404
9 Frost Phillip MD et al CEO,CB,BO Opko Health OPK B $256,652
10 Elkouri David S VP,GC Halcon Resources HK B $204,198

Source: | Key to Insider Title and Trans Type Codes



Insider Sales
1 Advent International O Vantiv VNTV JS* $289,372,192
2 GPE VI Gp O Vantiv VNTV JS* $227,431,552
3 Camber Capital Mgt BO World Heart WHRT JS* $147,196,784
4 Biondi Frank DIR Seagate Technology STX S $3,305,232
5 Wentz Dave O Usana Health Sciences USNA S $2,743,600
6 Sadler Robert E Jr DIR M & T Bank MTB S $2,457,193
7 Stapley Gregory K VP Ensign ENSG AS $2,107,756
8 Sherman Jeffrey S VP,GC Becton Dickinson BDX S $1,681,279
9 Ryder Robert P VP,CFO Constellation Brands STZ S $1,628,308
10 Hunter Larry D VP,GC Directv DTV S $1,530,421

Source: | Key to Insider Title and Trans Type Codes