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 NuStar Energy and MDC Partners

By

Plus, purchases at Liquidity Services and Stellus Capital Investment.

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:
  • William Greehey, a director at petroleum products terminalling and storage NuStar Energy (NYSE:NS), bought 35,700 shares of company stock for $1,845,275.
  • Miles Nadal, Chairman and CEO of marketing communications services provider MDC Partners (NASDAQ:MDCA), bought 30,000 shares of company stock for $636,500. Meanwhile, Michael Sabatino, Senior Vice President and Chief Accounting Officer at the company, bought 10,000 shares for $214,800, and Vice Chairman Stephen Pustil bought 10,000 shares for $213,600.
  • Jaime Mateus-Tique, a cofounder and director of auction marketplace company Liquidity Services (NASDAQ:LQDT), bought 20,000 shares of company stock for $523,700.
  • Joshua Davis, a director at externally managed, closed-end, nondiversified management investment company Stellus Capital Investment (NYSE:SCM), bought 14,072 shares of company stock for $204,201.
For more insider trades, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
DIR,BO
B
$2,035,855
2
DIR
B
$1,845,275
3
CB,CEO,BO
B
$636,500
4
DIR
B
$523,700
5
CB,PR,DIR
JB*
$250,000
6
CEO,DIR
B
$248,953
7
VP,CAO
B
$214,800
8
VCB,DIR
B
$213,600
9
DIR
B
$204,201
10
DIR
B
$193,765

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
JS*
$209,607,264
2
BO
S
$159,733,264
3
BO
JS*
$147,263,888
4
BO
JS*
$130,203,336
5
BO
S
$22,827,796
6
CEO,DIR,BO
AS
$19,997,662
7
CEO,CB,BO
JS*
$12,696,856
8
BO
JS*
$9,392,735
9
BO
S
$8,796,657
10
DIR
S
$7,616,647

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.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE