Insiders Trading TTWO HAIN FB GDOT

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 Thursday, November 8, 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.
Take Two (TTWO) Icahn Carl C BO 1,007,800 11,200,176
Restoration Hardware (RH) Mottola Thomas D DIR 208,333 4,999,992
Hain Celestial (HAIN) Icahn Carl C BO 34,400 2,030,740
Green Dot (GDOT) Streit Steven W CB,CEO,BO 89,000 995,453
Valeant Pharm (VRX) Schiller Howard B VP,CFO 18,300 990,103
Chemocentryx (CCXI) Bvf Partners BO 40,000 479,828
Arbor Realty Trust (ABR) Kaufman Ivan CB,CEO,BO 75,000 399,530
Hansen Medical (HNSN) Feinberg Larry N BO 178,452 399,370
Swift Energy (SFY) Swift Terry E CB,CEO,DIR 25,000 366,545
Iridium Comms (IRDM) Baralonco BO 50,000 322,471
Source: Insider Insights
Autonation (AN) Lampert Edward S BO 249,397 10,630,826
Davita (DVA) Thiry Kent J CB,CEO,DIR 49,287 5,570,476
Fastenal (FAST) Kierlin Robert A DIR 100,000 4,227,300
Facebook (FB) Sandberg Sheryl COO,DIR 176,452 3,748,435
Patrick (PATK) Gendell Jeffrey L BO 134,577 2,592,957
Homeaway (AWAY) Siegel Philip S DIR,BO 105,945 2,355,041
Valmont Industries (VMI) Bay Mogens C CB,CEO,DIR 14,602 1,994,535
Davita Healthcare (DVA) Nehra John M DIR 15,000 1,712,581
Stericycle (SRCL) Miller Mark C CB,CEO,DIR 16,534 1,530,298
Monro Muffler (MNRO) Gross Robert G CEO,DIR 40,000 1,372,356
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.

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