Insiders Trading TTWO, FB, AAPL, VOCS

The top 10 open-market insider purchases and sales filed at the SEC Friday.
By Jonathan Moreland ,

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

Friday, Nov. 9, 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.

Top 10 Open-Market Purchases

COMPANY

FILER

TITLE

SHARES

$DOLLARs

Take Two(TTWO)

Icahn Carl

BO

918,911

10,203,290

Janus Capital(JNS)

Dai Ichi Life

BO

1,185,236

9,711,633

AGCO(AGCO)

Srinivasan Mallika

DIR

176,876

7,861,881

VMware(VMW)

EMC

BO

37,925

3,392,048

American Pacific(APFC)

Cornwall

BO

125,000

1,531,250

Vocus(VOCS)

Rudman Richard

CB,CEO,PR

70,000

1,071,700

Universal(PANL)

Discovery Gl Opp

BO

48,200

939,804

Wausau(WPP)

Starboard Value

BO

75,000

616,322

Crexendo(EXE)

Mihaylo Steven

CEO,DIR,BO

245,000

499,250

Targacept(TRGT)

Bvf Partners

BO

72,429

291,927

Top 10 Open-Market Sales

COMPANY

FILER

TITLE

SHARES

$DOLLARs

Lyondellbasell(LYB)

Apollo

BO

20,000,000

1,066,000,000

Mastec (MTZ)

Mas Jose Ramon

CEO,DIR

1,100,000

25,080,000

Health (HMA)

Schoen William

DIR

956,000

7,959,274

Demandware(DWRE)

Schambach Stephan

DIR,BO

275,332

7,425,586

Schwab(SCHW)

Schwab Charles

CB,DIR,BO

500,000

6,590,550

Linkedin(LNKD)

Sordello Steven

VP,CFO

50,000

5,000,676

Apple (AAPL)

Levinson Arthur

DIR

7,500

4,204,875

Facebook (FB)

Ullyot Theodore

VP,GC,SEC

153,000

3,141,656

Lennar Corp(LEN)

Beckwitt Richard

PR

77,100

3,016,152

Apple (AAPL)

Sewell D Bruce

VP,GC,SEC

5,138

2,821,631

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.

Loading ...