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Insiders Buy Shares at Natural Gas and Oil Companies Southwestern Energy and Matador Resources

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Plus, there were purchases at SED International and Digital Realty Trust.

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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 Wednesday, September 11, 2013.

Notable Purchases:
  • Material handling solutions company Paragon Technologies (OTCMKTS:PGNT) bought 350,000 shares of microcomputer, small appliances, and consumer electronics company SED International (NYSEMKT:SED) for $735,000.
  • William Stein, the CFO of real estate investment trust Digital Realty Trust (NYSE:DLR), bought 10,000 shares of company stock for $537,582.
  • Catherine Kehr, a director at independent natural gas and oil exploration, development, and production company Southwestern Energy (NYSE:SWN), bought 10,500 shares of company stock for $397,509.
  • Joseph Foran, the co-founder, chairman, president, and CEO of natural gas and oil exploration, development, and production company Matador Resources (NYSE:MTDR), bought 15,000 shares of company stock for $228,750.
For more insider trades, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
B
$2,058,779
2
BO
B
$735,000
3
O
B
$537,582
4
CFO
B
$529,384
5
DIR,BO
B
$526,521
6
DIR
B
$397,509
7
CB,CEO,PR
JB*
$228,750
8
DIR
JB*
$220,000
9
DIR,BO
B
$192,750
10
O
B
$120,718

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
CB,CEO,BO
JS*
$77,858,112
2
BO
JS*
$70,395,000
3
BO
S
$47,008,672
4
DIR
JS*
$37,500,000
5
CEO,DIR,BO
AS
$36,954,654
6
CB,CEO,BO
S
$15,733,500
7
CB,DIR
AS
$11,915,000
8
CFO
AS
$11,881,790
9
CB,PR,CEO
AS
$8,200,513
10
PR,CEO,DIR
AS
$7,058,662

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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