Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Insiders Buy Stock in Cosi

By

Plus, there was a purchase at AllianceBernstein National Municipal Income Fund.

PrintPRINT
Welcome to our daily roundup of top insider trades. Here's a look at the most significant insider purchases recently filed with the SEC.

Notable Purchases:
  • Boston-based investment adviser RA Capital Management bought 2,448,710 shares of biopharmaceutical company Achillion Pharmaceuticals (NASDAQ:ACHN) for $6,279,017. Achillion focuses on the discovery, development, and commercialization of treatments for infectious diseases.
  • The Canadian investment firm Clarke bought 489,461 shares of freight surface transportation company Vitran Corporation (NASDAQ:VTNC) for $2,578,981.
  • The independent investor Lloyd Miller III bought 246,155 shares of franchise restaurant chain Cosi (NASDAQ:COSI) for $67,727.
  • Douglas Peebles, Vice President of investment firm AllianceBernstein National Municipal Income Fund (NYSE:AFB), bought 41,400 shares of company stock for $516,602.
For more insider trades, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
B
$6,279,017
2
BO
B
$2,578,981
3
CEO,DIR,BO
JB*
$1,600,000
4
DIR,BO
B
$1,062,810
5
BO
B
$537,505
6
VP
B
$516,602
7
O
B
$502,304
8
DIR
JB*
$454,979
9
DIR
JB*
$211,200
10
DIR
B
$150,001

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
JS*
$122,908,416
2
CEO,DIR,BO
AS
$36,524,130
3
DIR
JS*
$32,631,504
4
BO
S
$7,495,194
5
BO
JS*
$6,305,352
6
DIR
S
$4,777,210
7
DIR
AS
$4,166,523
8
PR,CEO,DIR
AS
$3,907,385
9
COO
AS
$2,883,594
10
BO
S
$2,770,893

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."
< Previous
  • 1
Next >
No positions in stocks mentioned.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE