Top Insider Trades: CPRT DOOR MCS ARRY

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 Monday, Sept. 30, 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.
Copart (CPRT) Johnson Willis J CB,DIR,BO 227,900 7,055,737
Fifth St Sr (FSFR) Tannenbaum L M CEO,DIR 35,650 487,801
Marcus (MCS) Milstein Philip L DIR 28,481 374,098
Nuveen FR (JRO) Schneider William O 20,290 249,070
Fusion (FSNN) Rosen Marvin S DIR,BO 1,974,334 200,000
Nuveen SD (JSD) Schneider William TT 5,260 99,861
Tri County (TCFC) Stone Joseph V Jr DIR 5,325 99,844
Worthington (WOR) Anderson Kerrii B DIR 2,500 86,514
Swift Energy (SFY) Lanier Douglas J DIR 5,000 57,592
Tri County (TCFC) Goldstein Philip T DIR 3,000 56,250
Source: Insider Insights
Masonite Intl (DOOR) Centerbridge BO 1,012,500 51,212,488
Kemper (KMPR) Singleton Group BO 304,337 10,259,483
Array
(ARRY)
Ratcliffe Liam DIR 1,125,728 6,749,722
DSW
(DSW)
Schottenstein Rvi BO 53,224 4,530,427
Cr Barrel (CBRL) Barber Doug VP 20,961 2,159,601
EXA
(EXA)
Boston Capital BO 130,000 1,950,000
Sapient (SAPE) Moore J Stuart DIR 100,000 1,592,000
Raytheon (RTN) Harris John D VP 16,480 1,307,024
Cr Barrel (CBRL) Greene Edward A VP 12,366 1,274,164
Dolby
(DLB)
Dolby Dagmar BO 31,884 1,116,978
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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