Insiders Trading FB, FRX, FF, PANL

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, August 29, 2012 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.

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.
Forest Laboratories (FRX) Icahn Carl C BO 331,406 11,483,177
Universal Display (PANL) Discovery Global Opp Fd BO 139,400 5,601,542
ServiceSource International (SREV) Reynolds Barry D DIR 356,496 3,214,039
Mcg Capital (MCGC) Neu Richard W CEO,DIR 72,577 329,478
Rouse Properties (RSE) Silberfein Andrew PR,CEO,DIR 15,000 207,468
Midstates Petroleum (MPO) Crum John A PR,CEO,DIR 25,000 200,638
Opko Health (OPK) Frost Phillip MD et al CEO,CB,BO 45,000 200,622
Stellar Pharmaceuticals (SLXCF) SJ Strategic Investments BO 400,000 197,392
Winmark (WINA) Morgan John L CB,CEO,BO 2,000 101,840
Summer Infant (SUMR) Wynnefield Part Sm Cap Value BO 36,568 97,697
Source: Insider Insights
Google (GOOG) Schmidt Eric E CB,DIR 50,000 34,228,358
Reynolds American (RAI) Brown & Williamson BO 467,416 21,356,238
Facebook (FB) Moskovitz Dustin A BO 450,000 8,651,880
Salesforce Com (CRM) Ramsey Craig DIR 36,000 5,235,199
Futurefuel (FF) Revelation Special Situations Fund BO 417,671 4,323,043
Drew Industries (DW) Rose Edward W III DIR 66,639 1,939,775
Delphi Automotive (DLPH) Krol John A DIR 63,332 1,911,018
Bank Of The Ozarks (OZRK) Gleason George G II CB,CEO,BO 54,900 1,785,670
Smucker J M (SJM) Byrd Vincent C PR,COO,DIR 19,247 1,632,896
Stryker (SYK) Stryker Ronda E DIR 27,000 1,451,772
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 InsiderInsights.com, 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 TheStreet.com 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.

More from Stocks

The Stock Market Has Every Reason to See a Fresh Rally

The Stock Market Has Every Reason to See a Fresh Rally

3 Simple Tips on Investing From TheStreet's Jim Cramer

3 Simple Tips on Investing From TheStreet's Jim Cramer

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly