Bill Gross Buys Pimco Fund Again, Plus Insiders Buy at Hallmark Financial and Medgenics

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Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside sales and purchases filed with the SEC on Thursday, September 19, 2013.

Notable Purchases:

  • Star investor Bill Gross, co-founder of Pimco, bought 123,800 shares of Pimco Dynamic Credit Income Fund ( PCI ) for $2,728,080.
  • Todd Goergen, a managing member of the private investment partnership Ropart Investments, LLC, bought 20,000 shares of direct-to-consumer marketing company Blyth ( BTH ) for $246,800.
  • Mark Schwarz, Chairman of insurance holding company Hallmark Financial ( HALL ), bought 25,000 shares of company stock for $220,000.
  • Sol Barer, a director at medical technology and therapeutics company Medgenics (NYSEMKT:MDGN), bought 20,000 shares of company stock for $111,478.
For more insider trading, see the charts below.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value

1

Summer Wind Cap

BO


Carlyle Gaming

CGME

JB*

$4,350,170

2

Gross William H

O

Pimco Dyn Cr Inc Fd

PCI

B

$2,728,080

3

Marubeni

DIR,BO

Aircastle

AYR

B

$516,966

4

Goergen Todd A

BO

Blyth

BTH

B

$246,800

5

D Angelo Frank D

DIR

Evertec

EVTC

B

$229,670

6

Schwarz Mark E

CB,DIR,BO

Hallmark Financial

HALL

B

$220,000

7

Seidner Marc P

O

Pimco Dyn Cr Inc Fd

PCI

B

$218,499

8

Poduska John W

DIR

EXA

EXA

JB*,B

$184,644

9

Barer Sol J

DIR

Medgenics

MDGN

B

$111,478

10

Gingles Andre J

DIR

Old Line Bancshares

OLBK

JB*

$100,009


Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value

1

Popular

DIR,BO

Evertec

EVTC

JS*

$197,170,896

2

Global Infra Inv

BO

Access Midstream

ACMP

JS*

$46,110,000

3

Mayfield Cayman LP

BO

Marketo

MKTO

JS*

$30,138,706

4

Monomoy Ult Gp

DIR,BO

Everyware Global

EVRY

JS*,S

$18,570,019

5

Ryu Marcus

CEO,PR,DIR

Guidewire Software

GWRE

AS

$6,232,382

6

Stern Theodore

DIR

Incontact

SAAS

AS

$4,515,969

7

Peek Mark S

CFO

Workday

WDAY

AS

$3,057,648

8

Levchin Max R

DIR,BO

YELP

YELP

AS

$2,259,825

9

Sze David L

DIR

Linkedin

LNKD

AS

$1,542,137

10

Abdoo Elizabeth A

VP,GC

Host Hotels

HST

S

$1,256,139

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

An important note from Jonathan Moreland, founder of Insider Insights :

In a victory for common sense, it has been proven profitable -- by both academic studies and (more importantly) the experience of your fellow professional investors -- to monitor the trading behavior of company executives, directors, and large shareholders in the stocks of firms of which they're registered as "insiders."

Please note, however, that the lists above are strictly factual; they are 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.

Jonathan Moreland is also the author of " Profit From Legal Insider Trading."



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: BTH , HALL , MDGN , PCI

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