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 Thursday, Jan. 30, 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

RAIT Financial Trust

BO

Ind Rlty Tr

IRT

JB*

$9,999,998

2

Christmas James

DIR

Rice Energy

RICE

JB*

$3,675,000

3

Marubeni

DIR,BO

Aircastle

AYR

B

$567,414

4

Rivelle Tad

O

Tcw Str Inc Fd

TSI

B

$379,731

5

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$337,083

6

Rothman Marc E

VP,CFO

Verifone Systems

PAY

AB

$286,700

7

Hanrahan Daniel

CEO,DIR

Regis

RGS

B

$244,560

8

Pendinas

BO

Bingo Com

BNGOF

JB*

$200,000

9

Landis Kevin M

PR,DIR

Firsthand Tech Val

SVVC

B

$139,243

10

Shanahan James

FO

Pacholder Hi Yld Fd

PHF

B

$112,510

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

Warburg Pincus X

DIR,BO

Santander Consumer

SC

JS*

$562,013,056

2

Kkr Fund

BO

Santander Consumer

SC

JS*

$562,013,056

3

Halkos

BO

Global Brass & Cop

BRSS

JS*

$104,000,000

4

Warburg Pincus PE X

DIR,BO

Natl Penn Bancsh

NPBC

JS*

$75,390,000

5

Mumford John B

CB,DIR,BO

E2open

EOPN

JS*,S

$38,045,741

6

Schwab Charles R

CB,DIR,BO

Schwab Charles

SCHW

S

$37,567,000

7

Goel David E

DIR

Popular

BPOP

S

$27,638,000

8

Schmidt Eric E

CB,DIR

Google

GOOG

AS

$24,262,367

9

Franklin Resources

BO

Dynegy

DYN

S

$17,540,450

10

JP Morgan Inv Mgt

BO

Retailmenot

SALE

S

$14,388,360

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

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 adviser 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.