Top Insider Trades: FCX ACAD GPK AFSI

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, June 5, 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 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.
Freeport (FCX) Flores J VCB,DIR 1,100,000 34,290,840
Acadia (ACAD) Baker F DIR,BO 2,340,314 33,563,308
Amtrust (AFSI) Karfunkel G DIR,BO 1,000,000 25,000,000
Genomic (GHDX) Baker F DIR,BO 381,432 13,792,733
Us Concrete (USCR) Whippoorwill BO 50,755 809,350
Opko (OPK) Frost P CEO,CB,BO 69,900 449,845
Crown (CCK) Turner J DIR 10,000 416,810
Cabelas (CAB) Mark R DIR 5,000 335,500
Sucampo (SCMP) Maudlin T DIR 32,870 322,783
Frontier (FTR) Shapiro M DIR 75,000 299,242
Source: Insider Insights
Primerica (PRI) Warburg DIR,BO 2,488,621 86,280,488
Google (GOOG) Brin S F,DIR,BO 83,334 71,944,544
Graphic (GPK) TPG BO 7,581,506 58,605,040
LinkedIn (LNKD) Hoffman R DIR,BO 83,334 13,611,608
Higher One (ONE) Lightyear II BO 1,007,246 10,502,932
Clovis (CLVS) Domain Vii BO 159,192 10,280,619
PVH (PVH) Gehring F CEO,DIR 81,808 9,254,311
Liquidity (LQDT) Angrick W CB,CEO,BO 200,000 7,960,870
LinkedIn (LNKD) Weiner J CEO,DIR 37,000 6,043,418
Pioneer Nat Res (PXD) Dove T PR,COO 33,000 4,628,560
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.

If you liked this article you might like

Intermediate Trade: Freeport-McMoRan

Intermediate Trade: Freeport-McMoRan

Energy Stocks Trampled in Broader Market Selloff

Energy Stocks Trampled in Broader Market Selloff

A Quant Upgrade for Freeport McMoRan Should Boost the Charts

A Quant Upgrade for Freeport McMoRan Should Boost the Charts

The President Must Show 'America First' Isn't 'America Alone': Market Recon

The President Must Show 'America First' Isn't 'America Alone': Market Recon

What $70 Oil Means to M&A Market

What $70 Oil Means to M&A Market