City National CEO Buys $52.7 Million Worth

11/17/08 - 08:53 AM EST

Jonathan Moreland

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 on Friday 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!

Dollar value is only one metric to assess the importance of an insider transaction, however. For more value-added tables on a weekly basis, and fundamentally researched investment ideas inspired by insiders, subscribe to TheStreet.com's InsiderInsights newsletter. Whether you're a growth, value, income, momentum, or microcap investor, insider data can help you find great investment ideas.

Company Name (Ticker) Filer Name
Title(s)
Shares
Bought
Dollar
Value
City National (CYN) Goldsmith Russell D 
CEO,PR,
DIR,BO
1,250,000
$52,650,000
Sovereign Bancorp (SOV) Banco Santander Sa 
BO
2,788,486
$6,500,682
Delta Petroleum Corp (DPTR) Tracinda Corp 
BO
1,100,000
$6,168,000
Hilltop Holdings (HTH) Ford Gerald J 
DIR,BO
357,500
$5,702,125
Avid Technology (AVID) Blum Capital Partners LP 
BO
358,678
$4,934,915
Citigroup (C) Havens John P 
CEO
500,000
$4,547,000
Nustar Gp Holdings (NSH) Greehey William E 
DIR,BO
126,000
$2,260,642
Citigroup (C) Forese James A 
O
200,000
$1,870,000
Circuit City Stores (CC) Pliego Ricardo Benjamin Salinas 
BO
5,320,248
$1,186,947
Citigroup (C) Kelly Edward J III 
O
100,000
$1,002,000
Company Name (Ticker) Filer Name
Title(s)
Shares
Sold
Dollar
Value
Microsoft (MSFT) Gates William H III 
DIR
2,000,000
$41,371,200
Mirant (MIR) Harbinger Capital Master Fd I
BO
824,000
$14,182,800
Bankrate (RATE) Poliner Randall E 
DIR
75,600
$2,284,050
Lumber Liquidators (LL) Sullivan Thomas D 
CB,DIR,
BO
108,300
$1,099,256
NBT Bancorp (NBTB) Murphy Michael M 
DIR
28,895
$700,013
Hearst Argyle TV (HTV) Marbut Bob 
DIR
59,861
$670,193
Data Domain (DDUP) Bhusri Aneel 
DIR,BO
39,100
$666,991
Cedar Fair LP (FUN) Anderson Darrel D 
DIR
50,000
$656,500
Media General (MEG) Harbinger Capital Spec Sit Fd
BO
127,120
$633,529
Healthspring (HS) Rash Martin S 
DIR
36,300
$599,788
Key to Titles: A=Assistant, AI=Affiliated Investor, AO=Accounting Officer, BD=Business Development, BO=Beneficial Owner, CAO=Chief Accounting Officer, CB=Chairman, CCO=Chief Compliance Officer, CEO=Chief Executive Officer, CFO=Chief Financial Officer, CIO=Chief Information Officer, CO=Compliance Officer, COO=Chief Operating Officer, CT=Controller, CTO=Chief Technology Officer, DIR=Director, F=Founder, FO=Financial Officer, GC=General Counsel, HR=Human Resources, IO=Information Officer, IR=Investor Relations, LO=Legal Officer, MD=Managing Director, O=Officer, OO=Operating Officer, PR=President, PT=Partner, REL=Relative of an insider, SEC=Secretary, SH=Shareholder, SO=Sales Officer, TO=Technology Officer, TR=Treasurer, TT=Trustee, VCB=Vice Chairman, VP=Vice President, X=Ex Officer or other title displayed.
Source: InsiderInsights.com

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Jonathan Moreland is director of research and publisher of the weekly publication InsiderInsights, founder of the Web site InsiderInsights.com and the director of research at Insider Asset Management LLC. 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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