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.

Natural Food Company Annie's Sees a Major Insider Sale

By

Plus, purchases at Lumos Networks, Dresser-Rand Group, and Silver Bay Realty Trust.

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:
  • Eric Edidin, the co-founder of hedge fund Archer Capital Management, bought 205,000 shares of fiber-based service provider Lumos Networks (NASDAQ:LMOS) for $4,100,000.
  • William Macaulay, a director at global supplier of rotating equipment solutions Dresser-Rand Group (NYSE:DRC), bought 52,070 shares of company stock for $3,071,609. Dresser-Rand's products have critical applications in the oil, gas, chemical, petrochemical, power generation, and military industries.
  • Irvin Kessler, a director at real estate investment trust Silver Bay Realty Trust (NYSE:SBY), bought 25,000 shares of company stock for $383,750. The company focuses on the acquisition, renovation, leasing, and management of single-family properties in select US markets.
Notable Sales:
  • Molly Ashby, a director at natural and organic food company Annie's (NYSE:BNNY), sold 2,537,096 shares of company stock for $121,653,752.

For more insider trades, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
B
$4,100,000
2
DIR
B
$3,071,609
3
DIR,BO
B
$542,855
4
CFO,VP
B
$502,348
5
DIR
B
$383,750
6
BO
B
$372,987
7
VCB
B
$269,563
8
DIR
JB*
$250,000
9
CEO,CB,BO
B
$246,300
10
DIR
B
$237,468

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
DIR,BO
JS*
$121,653,752
2
BO
S
$23,730,508
3
DIR,BO
AS
$18,943,200
4
BO
S
$11,251,200
5
CEO,DIR
AS
$9,993,082
6
DIR
S
$9,183,616
7
VP
Q
JS*
$8,510,000
8
BO
S
$6,302,400
9
BO
S
$4,383,549
10
PR,COO
Q
JS*
$4,133,307

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

Busy? Subscribe to our free newsletter!

Submit
 

WHAT'S POPULAR IN THE VILLE