Top Insider Trades: SIRI SMG TIF FB

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, Jan. 17, 2013 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.
Sirius Xm (SIRI) Liberty Media BO 50,000,000 157,780,000
Universal (PANL) Discovery Gl Op Fd BO 52,260 1,377,103
Agree (ADC) Rakolta John Jr DIR 50,000 1,362,500
Synergy Res (SYRG) Wilber Rick DIR 50,000 293,000
YOD (YOD) McMahon Shane CEO,DIR,BO 166,667 250,000
Ceres (CERE) Ambergate Trust BO 42,880 197,488
Adobe (ADBE) Banse Amy DIR 5,000 190,299
EXA (EXA) Furlong Edmond COO,CFO 15,998 159,114
Pennantpark (PFLT) Penn Arthur CB,CEO,FO,DIR 10,000 134,057
BFB (BFB) Jones Jill VP 2,060 130,686
Source: Insider Insights
Google (GOOG) Page Lawrence CEO,DIR,BO 20,835 14,890,407
Facebook (FB) Sandberg Sheryl COO,DIR 352,903 10,627,522
Tiffany (TIF) Kowalski Michael CB,CEO,DIR 100,000 6,338,320
Scotts (SMG) Hagedorn James CB,CEO,BO,BO 88,291 3,949,094
Alexion (ALXN) Bell Leonard CEO,DIR 35,000 3,450,405
Photomedex (PHMD) Rafaeli Dolev CEO,DIR,BO 172,516 2,588,206
Team (TISI) Waters Louis A DIR 50,000 2,096,280
Scotts (SMG) Hagedorn Partnership BO 45,364 2,030,039
Broadcom (BRCM) Kim Neil VP,OO 43,429 1,520,015
Regeneron (REGN) Goldberg Murray VP,FO,CFO,TR 7,878 1,356,272
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.

If you liked this article you might like

Rebuilding Efforts From Hurricanes Harvey and Irma Make These 6 Stocks Must Buys

3 'Orphan Stocks' to Consider Adopting

Novartis AG, Sirius XM Radio, Coupa Software: 'Mad Money' Lightning Round

August's Inexplicable Selloffs Are Here: Cramer's 'Mad Money' Recap (8/17/17)