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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Insiders Trading FRX, STRI, FB, FIS

By Jonathan Moreland, founder of Insider Insights and author of Profit From Legal Insider Trading.

NEW YORK (TheStreet) -- It is a victory for common sense. Tracking the trading behavior of company executives, directors and large shareholders in the stocks of firms they're registered in as "insiders" has proven to be profitable, according to both academic studies and (more importantly) the experience of professional investors.

Below are lists of the top 10 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday, August 21, 2012 as ranked by dollar value. Please note, however, that these are only factual lists, 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.

So use these regular Top Insider Trades columns as the initial research tools they are meant to be, and click the links in the tables to analyze a company's or insider's full insider history. Also feel free to contact us with any questions on our proprietary insider data, and how it is best analyzed.

Forest Laboratories (FRX) Icahn Carl C BO 1,962,011 67,057,652
Str (STRI) Red Mountain Capital BO 924,000 3,247,724
Childrens Place Retail (PLCE) Matthews Norman S CB,DIR 13,350 748,001
RCM Technologies (RCMT) O Connell Michael BO 80,700 442,194
Opko Health (OPK) Frost Phillip MD et al CEO,CB,BO 65,000 281,265
Responsys (MKTG) Gretsch Gregory C DIR 25,000 244,880
New Mountain Finance (NMFC) Malpass David DIR 16,250 234,665
Amerigas Partners (APU) Turner K Rick DIR 4,000 165,055
Solar Senior Capital (SUNS) Gross Michael S CEO,PR,DIR 8,234 143,272
Providence Service (PRSC) Coliseum Capital Mgt DIR,BO 12,099 142,768
Source: Insider Insights
Mmodal (MODL) S A C Capital Mgt DIR,BO 17,560,291 245,844,078
Fidelity National Info Svs (FIS) Hagerty Thomas M DIR 2,439,399 75,987,280
Reynolds American (RAI) Brown & Williamson BO 630,660 29,250,010
Facebook (FB) Moskovitz Dustin A BO 450,000 8,830,215
Illinois Tool Works (ITW) McCormack Robert C DIR 128,500 7,684,300
MRV Communications (MRVC) Tongue Glenn H DIR 5,843,420 2,804,842
Select Medical (SEM) Cressey Bryan C DIR 251,628 2,627,784
Active Network (ACTV) Green L Stephen DIR 172,216 1,973,535
Montpelier Re Holdings (MRH) Taylor Anthony DIR 75,000 1,597,635
Stryker (SYK) Stryker Ronda E DIR 27,000 1,471,692
Source: Insider Insights

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, EVP=Executive Vice President, 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.

Jonathan Moreland is the founder of InsiderInsights.com, which produces a weekly newsletter and offers professional screening and alerting tools to analyze a proprietary, real-time insider data feed. He is also the principal of Insider Asset Management, a registered investment advisor in New York. Mr. Moreland has been analyzing insider data professionally for two decades and has been a contributor to TheStreet.com since 2001. A fundamental analyst with an MBA in finance, Mr. Moreland long ago identified insider data as an excellent first screen to determine where to focus his research efforts. He is quoted frequently in the media for his insider analysis and stock recommendations stemming from it. He is also author of Profit From Legal Insider Trading.

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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