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 The Fresh Market and Pershing Gold

By

Plus, purchases at Middleburg Financial and Imperial Holdings.

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:

  • David Sokol, former CEO and President of NetJets as well as a beneficial owner of bank holding company Middleburg Financial (NASDAQ:MBRG), bought 61,678 shares of the latter company's stock for $1,079,092.
  • Craig Carlock, CEO of specialty grocery retailer The Fresh Market (NASDAQ:TFM), bought 20,000 shares of company stock for $661,600.
  • Barry Honig, a director at gold and precious metals exploration company Pershing Gold (OTCMKTS:PGLC), bought 850,000 shares of company stock for $331,500.
  • Phillip Goldstein, a director at specialty finance company Imperial Holdings (NYSE:IFT), bought 55,428 shares of company stock for $320,589. Another director at the company, Andrew Dakos, bought 20,000 shares for $115,599.

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*
$4,900,000
2
BO
JB*
$1,867,740
3
BO
B
$1,079,092
4
BO
JB*
$908,820
5
BO
JB*
$904,512
6
CEO,DIR
B
$661,600
7
DIR,BO
B
$331,500
8
DIR,BO
B
$320,589
9
BO
B
$309,138
10
DIR,BO
B
$115,599

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
DIR,BO
JS*
$561,108,160
2
CEO,DIR,BO
JS*
$50,724,000
3
BO
JS*
$22,825,800
4
DIR
AS
$4,423,238
5
CB,DIR,BO
AS
$4,300,943
6
DIR,BO
AS
$2,236,470
7
CB
AS
$1,999,503
8
CB,CEO
AS
$1,377,975
9
CEO,DIR
AS
$1,248,095
10
VP,CFO,TR
S
$1,223,442

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