In Insider Trading, Icahn Boosts Stake in Nuance, and Frost Buys More Shares of Opko

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Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside purchases recently filed with the SEC.

Notable Purchases:

  • The global biotechnology pioneer Amgen ( AMGN ) bought 272,142 shares of clinical-stage biopharmaceutical company Tetralogic Pharmaceuticals ( TLOG ) for $1,904,994.
  • Billionaire Investor Carl Icahn bought 50,900 shares of voice and language solutions provider Nuance Communications ( NUAN ) for $722,780.
  • The Japanese trade company Marubeni (OTCMKTS:MARUF) bought 30,000 shares of high-utility commercial jet aircraft company Aircastle ( AYR ) for $553,491.
  • Phillip Frost, Chairman and CEO of Opko Health ( OPK ), bought 56,800 shares of company stock for $480,575.
For more insider trades, see the charts below.

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

1

Amgen

BO

Tetralogic Pharm

TLOG

JB*

$1,904,994

2

Edelman & Guill

DIR,BO

Postrock Energy

PSTR

JB*

$1,472,415

3

Icahn Carl C

BO

Nuance Comms

NUAN

B

$722,780

4

Marubeni

DIR,BO

Aircastle

AYR

B

$553,491

5

Deering Anthony

DIR

Brixmor Property

BRX

B

$495,248

6

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$480,575

7

Ebert John W

DIR

MVB Financial

MVBF

JB*

$400,000

8

Feinberg Larry N

BO

Biolase

BIOL

B

$281,268

9

Dittmar William

DIR

Va Natl Banksh

VABK

JB*

$261,150

10

Dean Harry E Iii

DIR

MVB Financial

MVBF

JB*

$249,984


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

1

Terrific Investment

BO

AES

AES

JS*

$864,566,016

2

Onex Partners Gp

BO

Allison Trans

ALSN

JS*

$159,750,000

3

Carlyle Mgt

BO

Allison Trans

ALSN

JS*

$159,750,000

4

Brody Jeffrey D

DIR,BO

Homeaway

AWAY

JS*

$39,155,732

5

Lampert Edward S

BO

Autonation

AN

S

$25,953,780

6

Hoffman Reid

DIR,BO

Linkedin

LNKD

AS

$18,767,736

7

Weiner Jeff

CEO,DIR

Linkedin

LNKD

AS

$8,332,935

8

Sharples Brian

CEO,DIR

Homeaway

AWAY

JS*

$5,341,875

9

Dunn Jack B Iv

CEO,DIR

Fti Consulting

FCN

S

$4,728,619

10

Levchin Max R

DIR,BO

YELP

YELP

AS

$2,278,144

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: AMGN , AYR , NUAN , OPK , TLOG

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