Top Insider Trades: XLRN AYR SVVC OPK

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, Jan. 29, 2014 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.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
B
$43,570,364
2
BO
JB*
$15,000,000
3
DIR,BO
AYR
B
$347,996
4
PR,DIR
B
$345,287
5
CEO,CB,BO
OPK
B
$61,200
6
DIR
B
$59,900
7
BO
IMH
B
$59,620
8
DIR
JB*
$58,880
9
COO,DIR
AMH
JB*
$49,000
10
DIR
B
$48,235

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
BO
SC
JS*
$320,146,400
2
BO
MA
S
$31,466,744
3
CB,DIR
AS
$27,147,581
4
COO,DIR
FB
AS
$15,508,919
5
BO
JS*
$14,046,041
6
DIR
AS
$5,115,000
7
CEO,DIR
AS
$4,452,677
8
VP
JPM
AS
$3,975,857
9
MD
JPM
AS
$3,524,818
10
VP
DFS
S
$2,188,400

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

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