Top Insider Trades: HCA, TWO, LYB, ST

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, February 20, 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.
T-vance (THRX) Glaxosmithkline BO 116,527 2,567,090
M-band (MBND) Cannell Capital BO 212,191 444,706
2 Hrbrs (TWO) Siering T CEO,PR,DIR 16,800 211,680
End'vr (END) Eberwein J BO 50,000 172,600
Opko (OPK) Frost Phillip MD CEO,CB,BO 25,000 168,553
Moodys (MCO) Wulff John K DIR 3,000 140,250
Breeze E (BZC) VN Capital Mgt BO 15,423 125,181
Peregrine (PSMI) Sherwin Elton DIR 12,000 111,090
N'sphere (NSPH) Rosenberg SZ DIR 50,000 98,745
Peregrine (PSMI) Thornley AS DIR 10,000 92,500
Source: Insider Insights
Lyondel (LYB) Apollo Mgt BO 25,000,000 1,532,000,000
Sensata (ST) Bain Capital BO 28,705,842 953,033,984
HCA (HCA) Kkr Mill Fd BO 23,884,752 856,746,048
HCA (HCA) Bain Capital BO 23,576,520 845,689,728
Tm Hlth (TMH) Blackstone BO 9,588,990 318,450,368
Lnkdn (LNKD) Hoffman R DIR,BO 83,334 13,276,458
Fid Info (FIS) Hayford MD VP,CFO 360,806 13,228,201
CBS (CBS) Redstone S CB,DIR,BO 278,219 12,468,440
Lnkdn (LNKD) Weiner Jeff CEO,DIR 40,303 6,424,900
N Health (NHC) Nat Health BO 100,000 4,700,000
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.

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