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 Monday, Jan. 27, 2014 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.

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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.

<p>#:</p><p>Filer Name</p><p>Insider Titles</p><p>Company Name</p><p>Ticker</p><p>Trans<br>Type</p><p>Dollar Value</p>

1

Schottenstein Jay

CB,DIR

American Eagle

AEO

B

$6,420,000

2

Miller Lloyd I Iii

BO

Selectica

SLTC

JB*

$1,015,794

3

Immelt Jeffrey R

CB,CEO

General Electric

GE

B

$1,001,600

4

Hoffman Michael B

DIR,BO

Onconova

ONTX

JB*

$682,689

5

Marubeni

DIR,BO

Aircastle

AYR

B

$562,536

6

Turner Thomas H

DIR

Bancorpsouth

BXS

B

$380,913

7

Knapp Robert C

DIR

MVC Capital

MVC

B

$355,000

8

Lester Susan E

DIR

Pacwest Bancorp

PACW

B

$340,832

9

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$314,812

10

Pickup Richard H

BO

Impac Mortgage

IMH

B

$309,714

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

<p>#:</p><p>Filer Name</p><p>Insider Titles</p><p>Company Name</p><p>Ticker</p><p>Trans<br>Type</p><p>Dollar Value</p>

1

Rsp Permian

BO

Rsp Permian

RSPP

JS*

$225,156,464

2

Energy Transfer LP

BO

Amerigas Partners

APU

JS*

$52,812,000

3

Solomon Howard

DIR

Forest Laboratories

FRX

S

$16,351,534

4

JP Morgan Inv Mgt

BO

Retailmenot

SALE

S

$13,908,983

5

Collins Ted Jr

BO

Rsp Permian

RSPP

JS*

$9,901,525

6

Borel Daniel

DIR

Logitech Intl Sa

LOGI

AS

$6,256,000

7

Wallace Family

BO

Rsp Permian

RSPP

JS*

$3,960,610

8

Moglia Joseph H

DIR

Td Ameritrade

AMTD

S

$3,479,632

9

Murphy Kent A

BO

Luna Innovations

LUNA

S

$2,660,883

10

Diouane Marc

VP

PTC

PTC

S

$1,703,689

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes