Director Buys $7.8M Worth of SAIC

Editor's note: There are five entries on the buy side due to the slow filing session.

NEW YORK ( TheStreet) -- Which insiders are selling and buying chunks of stocks?

Below are lists of the top 10 open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday as ranked by dollar value. Company executives and directors are in the best position to assess the attractiveness of their firms' shares, and here is how many of them are voting their wallets! Please note, however, that these are factual lists, not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction.

SAIC (SAI) Frist Thomas F III DIR 450,000 $7,826,220
Tesco (TESO) LRP V Luxembourg Holdings Sa Rl BO 5,400 $41,032
Education Management Corp (EDMC) Jones Adrian M DIR 1,500 $33,058
First Niagara Financial (FNFG) Baker Thomas E DIR 40 $512
First Niagara Financial (FNFG) Philip George M DIR 30 $384
Carnival Plc (CUK) Arison Micky Meir CB,CEO,
DIR,BO
115018 $3,740,155
Berkshire Hathaway (BRK) Bill & Melinda Gates Foundation BO 860 $2,818,218
Carnival (CCL) Nickel Continued Irrevocable Trust BO 84982 $2,763,445
Solera Holdings (SLH) Aquila Tony CEO,PR,
DIR
35,834 $1,106,253
Lumber Liquidators (LL) Sullivan Thomas D CB,DIR,
BO
25,000 $537,530
Morningstar (MORN) Mansueto Joseph D CB,CEO,
DIR
9,000 $429,087
Physicians Formula Holdings (FACE) GP Credit Opportunities Ltd BO 90,000 $246,600
Americas Carmart (CRMT) Falgout Tilman J III CB,DIR 10,000 $227,700
Novellus Systems (NVLS) Chen Fusen Ernie VP,CTO 9,638 $196,051
China Ritar Power (CRTP) Pope Investments LLC BO 30,000 $168,000

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.

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