By Jonathan Moreland, founder of Insider Insights and author of Profit From Legal Insider Trading.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, August 23, 2011 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.
A special note on today's table: The SEC shut down yesterday at about 3:15pm ET as a precaution against aftershocks to the Virginia earthquake. Insider filing volumes were therefore less than expected yesterday, but those delayed filings should make their way to the SEC today.