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 Friday, September 16, 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.

Urstadt Biddle Properties (UBP) Urstadt Charles J CB,CEO
57,500 $888,371
Red Lion Hotels (RLH) Columbia Pacific Opp Fund BO 24,757 $170,763
Strategic Hotels & Resorts (BEE) Kincaid Richard D DIR 30,000 $133,728
Owens Corning (OC) Handy F Philip DIR 5,000 $133,650
Skullcandy (SKUL) Edwards Mitch CFO,GC 10,000 $133,316
National Fuel Gas (NFG) Cash R D DIR 2,000 $118,224
Savient Pharmaceuticals (SVNT) Johnson John CEO,PR
28,000 $114,451
Inland Real Estate (IRC) Goodwin Daniel L DIR,BO 13,000 $100,433
Chesapeake Lodging Trust (CHSP) Francis James L PR,CEO
6,500 $77,665
Duff & Phelps Global Utility Inc Fund (DPG) Genetski Robert J DIR 4,000 $76,196
Metropcs Communications (PCS) Patterson Arthur C DIR 750,000 $7,781,025
Henry Jack & Assoc (JKHY) Henry Michael E CB,DIR 100,000 $2,929,800
Yahoo (YHOO) Filo David O 166,500 $2,420,943
Western Refining (WNR) Foster Paul L CB,DIR
127,500 $2,017,571
Rightnow Technologies (RNOW) Gianforte Greg R CB,CEO
50,000 $1,659,000
Western Refining (WNR) Franklin Mountain Investments BO 85,000 $1,345,049
Watson Pharmaceuticals (WPI) Fedida Michael J DIR 20,000 $1,321,600
Cott Corp (COT) Rosenfeld Eric DIR 150,000 $1,150,500
Cliffs Natural Resources (CLF) Carrabba Joseph A CB,PR
10,000 $783,461
Watson Pharmaceuticals (WPI) Hummel Albert F DIR 10,000 $672,507

Key to Titles:A=Assistant, AI=Affiliated Investor, AO=Accounting Officer, BD=Business Development, BO=Beneficial Owner, CAO=Chief Accounting Officer, CB=Chairman, CCO=Chief Compliance Officer, CEO=Chief Executive Officer, CFO=Chief Financial Officer, CIO=Chief Information Officer, CO=Compliance Officer, COO=Chief Operating Officer, CT=Controller, CTO=Chief Technology Officer, DIR=Director, EVP=Executive Vice President, F=Founder, FO=Financial Officer, GC=General Counsel, HR=Human Resources, IO=Information Officer, IR=Investor Relations, LO=Legal Officer, MD=Managing Director, O=Officer, OO=Operating Officer, PR=President, PT=Partner, REL=Relative of an insider, SEC=Secretary, SH=Shareholder, SO=Sales Officer, TO=Technology Officer, TR=Treasurer, TT=Trustee, VCB=Vice Chairman, VP=Vice President, X=Ex Officer or other title displayed.

Jonathan Moreland is the founder of, 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 advisor in New York. Mr. Moreland has been analyzing insider data professionally for two decades and has been a contributor to 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.