In Insider Trading, Lululemon Athletica Inc. and LyondellBasell Industries NV See Major Sales

By
A A A
Share |

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 Tuesday, June 11, 2013

Notable Purchases:

  • Craig Bouchard, the CEO of business and financial services enterprise Signature Group Holdings Inc (OTCMKTS:SGGH), bought 530,366 shares of company stock for $423,274.
  • Bruce Johnson, the President and CEO of home, hardware, tools, and garden retailer Sears Hometown and Outlet Stores Inc ( SHOS ), bought 3,000 shares of company stock for $147,060.
Notable Sales:
  • Apollo Management Holdings L.P., a subsidiary of asset manager Apollo Global Management LLC ( APO ), sold 17,000,000 shares of independent chemical company LyondellBasell Industries NV ( LYB ) for $1,096,499,968.
  • Dennis Wilson, a Director of athletic and yoga apparel company Lululemon Athletica inc. ( LULU ), sold 607,545 shares of company stock for $49,515,160.
For more insider trades, see the charts below.

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

1

Marxe & Greenhse

BO

LRAD

LRAD

JB*

$648,317

2

Murray R Michael

DIR

Textura

TXTR

JB*

$499,995

3

Bouchard Craig T

CEO,DIR

Signature

SGGH

B

$423,274

4

Theriot Stephen W

CFO

Vornado Rlty Tr

VNO

B

$252,296

5

Bank Of America

O

Hertz Global

HTZ

B

$226,051

6

Schorsch Nicholas

CB,DIR,BO

Rcs Capital

RCAP

B

$186,807

7

Johnson W Bruce

CEO,PR,DIR

Sears Hometown

SHOS

B

$147,060

8

Bvf Partners L P Il

BO

Rigel Pharm

RIGL

B

$113,394

9

Ryan Thomas L

DIR

Chesapeake Energy

CHK

B

$107,550

10

Termeer Henri A

DIR

Verastem

VSTM

B

$106,221


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

1

Apollo Mgt Gp

BO

Lyondellbasell Ind

LYB

JS*

$1,096,499,968

2

Wilson Dennis J

DIR,BO

Lululemon Athletica

LULU

AS

$49,515,160

3

Jwc Mattress

BO

Mattress Firm

MFRM

JS*

$49,168,472

4

Page Lawrence

CEO,DIR,BO

Google

GOOG

AS

$36,859,172

5

Thompson Family

BO

Thor Industries

THO

AS

$7,055,835

6

Hoovestol Wayne

DIR

Green Plains

GPRE

S

$5,494,396

7

McVey Richard M

CB,CEO,DIR

Marketaxess

MKTX

S

$3,375,633

8

Bank Of America

O

Hertz Global

HTZ

S

$2,620,856

9

Wang Feng Ming

PR,CEO,DIR

Ambarella

AMBA

AS

$2,102,794

10

Lucio Antonio

O

Visa

V

AS

$1,721,810

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: APO , LULU , LYB , SGGH , SHOS

Minyanville

Minyanville

More from Minyanville:

Related Videos

Stocks

Referenced

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM