Innovation Update

Chairman Sells $3.9M Worth of Rackspace

Stock quotes in this article: RAX , HMSY , UHS , BRK , GMO , LGDI , STTA  

NEW YORK (TheStreet) -- Which insiders are selling and buying chunks of stocks?

Below are lists of the top 10 open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday as ranked by dollar value. Company executives and directors are in the best position to assess the attractiveness of their firms' shares, and here is how many of them are voting their wallets! Please note, however, that these are factual lists, not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction.

Legend International (LGDI) Kisan International Trading Fze BO 5,900,964 $3,540,578
Stone Tan China Acquisition (STTA) Spac Trust BO 55,455 $439,758
Stone Tan China Acquisition (STTA) Stone Roger W CB,DIR,
BO
36,970 $293,172
HCC Insurance Holdings (HCC) Molbeck John Niels Jr CEO,PR,
DIR
10,000 $272,380
Trans World Entertainment (TWMC) Miller Lloyd I III BO 128,316 $115,484
Community Trust Bancorp Ky (CTBI) Johnson Hobart C O 2,000 $51,000
Harleysville Savings Financial (HARL) Mcgill Brendan J CFO,VP 3,511 $49,119
Revett Minerals (RVM) Alford Tony L DIR 450,000 $45,000
DWS Global Commodities Stock Fund (GCS) Benchmark Plus Management LLC BO 4,200 $33,291
Merriman Curhan Ford (MERR) Merriman D Jonathan CEO,DIR,
BO
27,400 $30,414
Rackspace Hosting (RAX) Weston Graham M CB,DIR,
BO
275,000 $3,938,813
Universal Health Services (UHS) Miller Marc D PR,DIR 60,000 $3,744,169
HMS Holdings (HMSY) Miller III William F DIR 50,000 $1,908,000
Berkshire Hathaway (BRK) Bill & Melinda Gates Foundation BO 500 $1,629,592
General Moly (GMO) Coghill Capital Mgt LLC BO 505,200 $1,595,080
Mednax (MD) Fernandez Michael DIR 30,778 $1,586,914
Georesources (GEOI) Chandler Energy LLC X,BO 70,000 $777,124
Oceaneering International (OII) Kerins Kevin F VP 12,600 $728,423
Oceaneering International (OII) Migura Marvin J CFO,VP 11,200 $655,231
Oceaneering International (OII) Haubenreich George R Jr VP,GC,
SEC
10,000 $580,004
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Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While he cannot provide investment advice or recommendations, Moreland appreciates your feedback; click here to send him an email.

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