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.

Stocks: Insiders Buy at Seacoast Banking and Rouse Properties

By

Plus, purchases at Vical and Dycom Industries.

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

Notable Purchases:
  • Robert Goldstein, a director at bank holding company Seacoast Banking Corporation of Florida (NASDAQ:SBCF), bought 2,325,581 shares of company stock for $4,999,999.
  • Vijay Samant, CEO of biopharmaceutical company Vical (NASDAQ:VICL), bought 330,000 shares of company stock for $468,600. The company develops products based on its own deoxyribonucleic acid delivery technologies for both the prevention and treatment of serious diseases.
  • Charles Coe, a director at specialty contracting services company Dycom Industries (NYSE:DY), bought 15,000 shares of company stock for $419,850.
  • Andrew Silberfein, CEO of real estate investment trust Rouse Properties (NYSE:RSE), bought 3,000 shares of company stock for $292,500. Meanwhile, COO Benjamin Schall bought 3,000 shares for $58,500.
For more insider trades, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
DIR,BO
JB*
$4,999,999
2
O
B
$1,997,132
3
CEO,DIR
B
$468,600
4
DIR
B
$419,850
5
CEO,DIR
JB*
$292,500
6
DIR,BO
B
$175,500
7
VP
B
$127,800
8
VP
B
$127,800
9
CAO
B
$99,400
10
COO
JB*
$58,500

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
JS*
$204,375,008
2
DIR,BO
AS
$18,072,370
3
CB,CEO
AS
$9,038,033
4
CEO,DIR
AS
$8,023,758
5
BO
S
$7,446,200
6
CEO,DIR,BO
AS
$5,118,451
7
VP
AS
$4,932,043
8
CB
S
$3,038,800
9
VP
AS
$2,875,000
10
PR
S
$2,281,530

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