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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, Jan. 28, 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

Kirk Randal J

BO

Fibrocell Science

FCSC

JB*

$4,999,999

2

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$4,709,832

3

Gieselman Scott

DIR

Rice Energy

RICE

B

$840,000

4

Marubeni

DIR,BO

Aircastle

AYR

B

$560,646

5

Kornwasser Laizer

VP,CB

Valeant Pharm Intl

VRX

AB

$335,128

6

Diermeier Jeffrey J

DIR

Janus Capital

JNS

B

$300,056

7

Buettgen James J

CEO,DIR

Ruby Tuesday

RT

B

$281,400

8

Landis Kevin M

PR,DIR

Firsthand Tech Val

SVVC

B

$248,129

9

Feinberg Larry N

BO

Accelerate Diag

AXDX

B

$213,378

10

Lundquist Nicholas

VP

Fastenal

FAST

B

$179,160

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

Brown Williamson

BO

Reynolds Amer

RAI

S

$7,539,345

2

Narayen Shantanu

CEO,DIR

Adobe Systems

ADBE

AS

$5,843,350

3

Thompson Matthew

VP,OO

Adobe Systems

ADBE

S

$2,956,581

4

Dolby Dagmar

BO

Dolby Labs

DLB

AS

$2,463,868

5

Wadhwani David

VP

Adobe Systems

ADBE

S

$2,384,926

6

Sarver Robert G

CB,CEO

W Alliance Banc

WAL

S

$2,379,020

7

Robb Karl

PR,OO,VP,DIR

Epam Systems

EPAM

AS

$2,364,844

8

Chandna Asheem

DIR

Palo Alto Net

PANW

AS

$1,599,239

9

Lewnes Ann

VP,SO

Adobe Systems

ADBE

S

$1,457,082

10

O Shea Paul J

VP,DIR

Enstar

ESGR

AS

$1,329,627

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