Skip to main content

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 Wednesday, Jan. 29, 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.

TheStreet Recommends

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

Sanofi

BO

Regeneron Pharm

REGN

B

$43,570,364

2

Celgene

BO

Acceleron Pharma

XLRN

JB*

$15,000,000

3

Marubeni

DIR,BO

Aircastle

AYR

B

$347,996

4

Landis Kevin M

PR,DIR

Firsthand Tech Val

SVVC

B

$345,287

5

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$61,200

6

Shmerling Michael

DIR

Renasant

RNST

B

$59,900

7

Pickup Richard H

BO

Impac Mortgage

IMH

B

$59,620

8

Moore Jeffrey

DIR

Sitestar

SYTE

JB*

$58,880

9

Corrigan Jack E

COO,DIR

Am Homes 4 Rent

AMH

JB*

$49,000

10

Loshin Ronald S

DIR

Gepco

GEPC

B

$48,235

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

Santander Usa

BO

Santander Consumer

SC

JS*

$320,146,400

2

Mastercard Fdn

BO

Mastercard

MA

S

$31,466,744

3

Schmidt Eric E

CB,DIR

Google

GOOG

AS

$27,147,581

4

Sandberg Sheryl

COO,DIR

Facebook

FB

AS

$15,508,919

5

Caster Samuel L

BO

Mannatech

MTEX

JS*

$14,046,041

6

Keywell Bradley

DIR

Groupon

GRPN

AS

$5,115,000

7

Sharples Brian

CEO,DIR

Homeaway

AWAY

AS

$4,452,677

8

Smith Gordon

VP

JPMorgan Chase

JPM

AS

$3,975,857

9

Erdoes Mary E

MD

JPMorgan Chase

JPM

AS

$3,524,818

10

Panzarino James

VP

Discover Finl

DFS

S

$2,188,400

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