Insiders Sell $31.8M Worth of Boston Properties

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 Wednesday 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.

Rae Systems (RAE) Kopp Leroy C BO 100,000 $172,000 Sun Bancorp Nj (SNBC) Brown Bernard A CB,DIR,BO 20,000 $89,800 CPEX Pharmaceuticals (CPEX) Black Horse Capital Mgt LLC BO 7,381 $77,290 Legend International (LGDI) Kisan International Trading Fze BO 88,800 $53,280 Community West Bancshares (CWBC) Peeples William R DIR,BO 20,400 $49,160 General American Investors (GAM) Neidich Daniel DIR 2,200 $45,445 Sun Bancorp Nj (SNBC) Brown Sidney R VCB,DIR, TR,SEC 10,000 $44,800 Tollgrade Communications (TLGD) Ramius LLC BO 7,750 $41,419 Tortoise Power & Energy Infrastructure Fd (TPZ) Matlack Terry CFO,DIR 1,500 $30,000 Allegheny Technologies (ATI) Jeremiah Barabara S DIR 1,000 $27,760

Boston Properties (BXP) Zuckerman Mortimer B CB 299,667 $15,930,298 Boston Properties (BXP) Linde Edward H CEO,DIR 300,000 $15,870,000 Stryker (SYK) Stryker Ronda E DIR 320,000 $12,471,616 Apollo Group (APOL) Sperling John G CB,DIR,BO 150,000 $10,044,930 Salix Pharmaceuticals (SLXP) Flynn James E BO,BO 357,612 $4,649,910 Equity Lifestyle Properties (ELS) Walker Howard VCB,DIR 74,757 $3,055,692 NVR (NVR) Schar Dwight C DIR 4,351 $2,679,868 Berkshire Hathaway (BRK) Bill & Melinda Gates Foundation BO 600 $1,873,484 Dyncorp International (DCP) Mckeon Robert B DIR,BO 90,000 $1,813,200 Somaxon Pharmaceuticals (SOMX) Boxer Capital LLC BO 500,000 $1,550,000

Written by Jonathan Moreland in New York.

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