Insiders Trading VRX, RAX, GHDX

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 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Wednesday, May 16, 2012 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.

Theravance (THRX) Glaxosmithkline BO 10,000,000 212,887,008
Comverge (COMV) Peak Merger BO 82,526,392 144,421,184
Valeant Pharmaceuticals (VRX) Valueact DIR 295,000 15,039,100
Genomic Health (GHDX) Baker Julian DIR,BO 376,059 12,740,295
Nasdaq Omx (NDAQ) Investor Ab BO 300,000 7,060,350
Autonation (AN) Cascade Investment BO 128,564 4,487,630
Universal Stainless (USAP) Pennant Capital Mgt BO 28,001 1,242,189
Sorrento Therapeutics (SRNE) Ji Henry CEO,DIR,BO 6,250,000 1,000,000
Cabelas (CAB) Mark Reuben DIR 20,000 727,200
Us Concrete (USCR) Whippoorwill Associates BO 100,000 515,000
Source: Insider Insights
Reynolds American (RAI) Brown & Williamson BO 551,174 22,317,036
Google (GOOG) Page Lawrence CEO,DIR,BO 27,778 17,402,782
Google (GOOG) Shriram Kavitark Ram DIR 12,500 7,812,500
F5 Networks (FFIV) McAdam John PR,CEO,DIR 50,000 6,246,336
Rackspace Hosting (RAX) Weston Graham M CB,DIR,BO 100,000 5,136,380
Priceline Com (PCLN) Peretsman Nancy B DIR 7,000 4,698,417
Validus Holdings (VR) Singh Alok DIR 134,107 4,397,020
Extra Space Storage (EXR) Woolley Kenneth M DIR 133,516 3,939,810
Liquidity Services (LQDT) Mateus Tique Jaime DIR 60,000 3,750,300
Equinix (EQIX) Crosslink Capital O 22,500 3,600,364
Source: Insider Insights

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.