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, Jan. 24, 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.

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

Mount Kellett Cap

BO

GC Deep Rlty Tr

GULTU

B

$2,111,200

2

Baker James C

VP,DIR

KA Energy Dev

KED

B

$552,150

3

Knapp Robert C

DIR

MVC Capital

MVC

B

$211,698

4

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$131,448

5

Howard Carolyn C

DIR

Video Display

VIDE

B

$73,355

6

Honig Barry C

DIR,BO

Pershing Gold

PGLC

B

$72,600

7

Beattie William G

DIR

General Electric

GE

B

$50,940

8

Burns Gregory L

DIR

Pinnacle Financial

PNFP

B

$28,545

9

Johnson Bruce F

DIR

Copytele

COPY

B

$23,120

10

Whiteman Kim L

VP,HR

Schulman A

SHLM

B

$17,294

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

Mastercard Fdn

BO

Mastercard

MA

S

$33,314,420

2

Solomon Howard

DIR

Forest Laboratories

FRX

S

$16,782,500

3

Soros Fund Mgt

BO

EXAR

EXAR

S

$11,966,692

4

Kinderhook

O

Patient Safety

PSTX

S

$6,505,981

5

Lowder Thomas H

DIR

Mid Amer Apt

MAA

AS,JS*

$4,863,782

6

Stadium Capital

BO

Builders 1stSrce

BLDR

S

$3,028,621

7

Dolby Dagmar

BO

Dolby Labs

DLB

AS

$2,838,072

8

Lowder James K

DIR

Mid Amer Apt

MAA

AS

$2,772,794

9

Ruud Alan J

DIR

CREE

CREE

AS

$2,072,333

10

Jorden Thomas E

CEO,PR,DIR

Cimarex Energy

XEC

S

$1,040,797

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