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

Top Insider Trades 8/16/12: IMAX, GET, PRSC, ATSG

|Includes: ATSG, IMAX Corporation (IMAX), PRSC, RHP

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, August 16, 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
Katzman Chaim CB,DIR,BO Equity One EQY JB* $10,600,000
Douglas Kevin BO IMAX IMAX B $6,280,789
Coliseum Capital Mgt DIR,BO Providence Service PRSC B $2,785,416
Childs John W CB,CEO,BO Jwc Acquisition JWCA B $1,963,870
McCabe Stanley Myron DIR Ring Energy RNGE JB* $1,282,500
Mesdag Willem BO Air Transport Services ATSG B $953,720
Suttin Adam L PR Jwc Acquisition JWCA B $573,010
Grayson Bruns H DIR Active Network ACTV B $290,000
Empire Capital Mgt BO Sonus Networks SONS B $248,200
Crum John A PR,CEO,DIR Midstates Petroleum MPO B $188,000

Source: | Key to Insider Title and Trans Type Codes



Insider Sales
TRT BO Gaylord Entertainment GET JS* $220,082,032
Hetz Nathan DIR Equity One EQY JS* $21,030,000
Cressey Bryan C DIR Select Medical SEM S $8,537,744
Finneran John G Jr GC,SEC Capital One Financial COF S $4,993,989
Casady Mark S CB,CEO,DIR Lpl Financial LPLA S $4,084,413
Clifton Matthew P CB,DIR Hollyfrontier HFC S $4,000,120
Eller Donald DIR Garmin GRMN S $3,610,800
Farrington Deborah A DIR Netsuite N S $3,015,453
Steele Milton PR,PT FMC FMC S $2,414,761
Waters Louis A DIR Team TISI S $1,536,685

Source: | Key to Insider Title and Trans Type Codes