Top Insider Trades: RXN, LEN, RAD, MU

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 Friday, June 28, 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.
Ptc (PTCT) Hbm BO 666,676 10,000,140
Medworth (MWRX) Minnuto A CB,SEC,BO 216,900 1,735,200
Rcs (RCAP) Rcap BO 20,000 354,120
GOGO (GOGO) Small M PR,CEO,DIR 20,000 340,000
Medworth (MWRX) Rein J DIR 18,750 150,000
Lennar (LEN) Sonnenfeld J DIR 3,345 125,136
Amer Mining (AMCM) Mills T BO 20,000,000 100,000
Opko (OPK) Frost P CEO,CB,BO 13,000 92,372
Ari (ARIS) Wynnefld SmCap Val BO 31,800 86,814
Accuride (ACW) Coliseum BO 12,717 62,313
Source: Insider Insights
Rexnord (RXN) Apollo BO 7,475,000 115,115,000
Rite Aid (RAD) Jean Coutu BO 40,500,000 111,375,000
Atwood (ATW) Helmerich & Payne DIR 2,000,000 107,260,000
Google (GOOG) Schmidt E CB,DIR 99,572 87,049,632
Adobe (ADBE) Garrett M VP,CFO 168,000 7,551,600
Micron (MU) Sadler M VP 193,750 2,722,896
Best Buy (BBY) Ballard S VP,PR 90,295 2,442,823
Rockwell Coll (COL) Jones C CB,CEO,DIR 30,143 1,899,010
Oracle (ORCL) Daley D VP,GC,SEC 50,000 1,530,685
TUMI (TUMI) Nelson T VP 60,000 1,428,543
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.
At the time of publication, Moreland was long XXX, although holdings can change at any time.

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.