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An Insider Buys Shares of AGCO Corporation While Five Below Inc Sees a Major Sale

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Plus, there was a purchase at Accenture Plc and a sale at DSW Inc.

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Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside sales and purchases filed with the SEC on Tuesday, July 2, 2013.

Notable Purchases:
  • Mallika Srinivasan, a Director of agricultural equipment company AGCO Corporation (NYSE:AGCO), bought 37,198 shares of company stock for $1,855,064.
  • Stephen Rohleder, the CEO of consulting and outsourcing company Accenture Plc (NYSE:ACN), bought 20,000 shares of company stock for $1,439,748.

Notable Sales:

  • The global private equity firm Advent International LLC sold 5,841,878 shares of teen and pre-teen retailer Five Below Inc (NASDAQ:FIVE) for $202,421,072.
  • Michael MacDonald, the President and CEO of footwear retailer DSW Inc. (NYSE:DSW), sold 55,000 shares of company stock for $4,072,389.

For more insider trades, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
JB*
$3,932,922
2
BO
JB*
$3,000,000
3
DIR
AB
$1,855,064
4
CEO
B
$1,439,748
5
DIR,BO
JB*
$1,120,690
6
BO
JB*,B
$378,312
7
DIR
JB*
$275,000
8
DIR
JB*
$249,999
9
DIR,BO
JB*
$200,000
10
TT
B
$200,000

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
O
JS*
$202,421,072
2
F,DIR,BO
AS
$73,697,384
3
O
P
S
$12,385,374
4
PR,CEO
S
$4,072,389
5
O
S
$2,311,680
6
BO
K
AS
$2,229,500
7
PR,CEO,DIR
AS
$1,772,162
8
CEO,DIR
AS
$1,673,004
9
CEO,DIR
S
$1,655,389
10
O
P
AS
$1,652,675

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

An important note from Jonathan Moreland, founder of Insider Insights:

In a victory for common sense, it has been proven profitable -- by both academic studies and (more importantly) the experience of your fellow professional investors -- to monitor the trading behavior of company executives, directors, and large shareholders in the stocks of firms of which they're registered as "insiders."

Please note, however, that the lists above are strictly factual; they are 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.

At InsiderInsights.com, 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.

Jonathan Moreland is also the author of "Profit From Legal Insider Trading."
No positions in stocks mentioned.
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