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, October 10, 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.
AGCO (AGCO) Srinivasan Mallika DIR 238,974 10,959,348
Viasat (VSAT) Fpr Partners BO 186,023 7,213,675
Janus Capital (JNS) Dai Ichi Life Ins BO 601,598 5,520,351
Fuel Systems (FSYS) Douglas Kevin BO 93,084 1,713,250
Ascent Capital (ASCMA) Malone John C BO 8,200 453,410
Opko Health (OPK) Frost Phillip MD CEO,CB,BO 95,900 414,907
Hudson Global (HSON) Sagard Capital BO 20,000 90,000
First (FOFI) Adams Nicholas C FO 8,800 68,640
Hastings (HAST) Natl Ent Collectibles BO 32,214 64,480
Opko Health (OPK) Hsiao Jane Ph D VCB,CTO,BO 10,000 43,358
Source: Insider Insights
Google (GOOG) Page Lawrence CEO,DIR,BO 41,666 31,090,540
Linkedin (LNKD) Sordello Steven J VP,CFO 50,000 5,901,718
EXAR (EXAR) Soros Fund Mgt BO 300,000 2,532,500
Marriott (MAR) Marriott J W Jr CB,DIR,BO 45,000 1,731,600
Apollo Comml RE Fin (ARI) Athene BO 96,299 1,619,330
Higher One (ONE) Lightyear Fund BO 73,121 961,544
Oasis (OAS) Mace Roy W VP,CAO 25,000 775,000
Epam (EPAM) Robb Karl PR,OO,VP,DIR 40,000 772,400
Generac (GNRC) Tabat Dawn COO 30,000 754,500
Ixia (XXIA) Addington Hills BO 42,000 714,714
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.