Insiders Trading LYB, FB, URRE, FRAN

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 Friday, September 7, 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, 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.
Uranium (URRE) Resource Capital BO 34,330,472 24,999,212
ServiceSource Intl (SREV) Reynolds Barry D DIR 361,815 3,500,858
Hq Global (HQGE) Global Polytech BO 4,355,500 2,787,520
Francescas (FRAN) Davis Neill P PR,DIR 25,000 709,250
Neonode (NEON) Bystedt Per I. G. DIR,BO 200,000 660,000
Ring Energy (RNGE) Morley Robert DIR 100,000 450,000
Federal Mogul (FDML) Jueckstock Rainer DIR 20,000 201,445
New Mount Fin (NMFC) Stone James O 10,500 153,984
Viacom (VIAB) Kraft Robert K DIR 2,525 124,892
Mid Con (MCEP) Adamson Peter III DIR 5,000 110,500
Source: Insider Insights
Lyondellbasell Ind (LYB) Apollo Management BO 17,500,000 821,275,008
Calpine (CPN) Lsp Cal I BO 17,450,000 310,609,984
Facebook (FB) Moskovitz Dustin BO 5,700,000 108,422,640
Lamar Ad (LAMR) Spo Advisory BO 2,500,000 80,192,880
Google (GOOG) Shriram Kavitark DIR 72,604 50,848,468
Calpine (CPN) Luminus Energy BO 2,250,000 40,050,000
Endologix (ELGX) Essex Woodlands BO 1,538,108 18,672,632
Official Pay (OPAY) Discovery Equity BO 1,829,013 7,133,151
Bankunited (BKU) Singh Rajinder P COO 283,184 6,975,007
Drew Ind (DW) Rose Ed W III DIR 238,475 6,924,465
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.