Insider Sells $80.5M Worth of Leap Wireless

NEW YORK -- 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.

For the most up-to-date insider data, and fundamentally researched investment ideas inspired by insiders, check out www.InsiderInsights.com.

Valeant Pharmaceuticals (VRX) Valueact Holdings LP BO 39,400 $981,049 Capitol Bancorp Ltd (CBC) Ferguson Joel I DIR 65,000 $137,672 Gilead Sciences (GILD) Hills Carla A DIR 2,500 $120,700 Soapstone Networks (SOAP) Tisch Daniel R BO 22,508 $93,858 Heritage Commerce (HTBK) Parker Raymond VP 20,000 $68,048 MBIA Capital Claymore Man Dur Inv Grd Muni Fd (MZF) Western Investment LLC BO 4,600 $53,352 Semgroup Energy LP (SGLP) Msd Capital L P BO 5,750 $34,390 Thomas & Betts (TNB) Roberg Kevin L DIR 1,200 $31,085 Ladenburg Thalmann (LTS) Frost Phillip Md Et Al DIR,BO 59,900 $29,351 Schmitt Industries (SMIT) Fitzhenry James A PR,DIR 5,000 $28,750

Leap Wireless (LEAP) Harbinger Capital Partners BO 3,041,000 $80,497,220 Stryker (SYK) Stryker Ronda E DIR 120,000 $4,709,604 Illinois Tool Works (ITW) Mccormack Robert C DIR 62,100 $2,515,621 Lumber Liquidators (LL) TA Associates Inc DIR 141,700 $2,355,240 Synnex (SNX) Miau Matthew DIR 55,000 $1,628,683 Vical (VICL) Marxe Austin W & Greenhouse David M BO 250,000 $792,855 Chipotle Mexican Grill (CMG) Baldocchi Albert S DIR 7,500 $681,150 Biodelivery Sciences (BDSI) Elliott International LP X,BO 96,009 $518,714 Half Robert International (RHI) Gibbons Edward W DIR 20,000 $494,751 Administaff (ASF) Sarvadi Paul J CB,CEO, DIR 17,500 $435,766