In Insider Trading: Restoration Hardware Sees Major Sale; Director Buys Charles Schwab Stock

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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, July 18, 2013.

Notables Purchases:

  • Stephen Ellis, a Director of savings and loan holding company Charles Schwab ( SCHW ), bought 11,665 shares of company stock for $250,162.
  • Ryan Levenson, a Beneficial Owner of two-way communications equipment company Relm Wireless (NYSEMKT:RWC), bought 64,657 shares of company stock for $199,233.
  • At industrial real estate company Terreno Realty ( TRNO ), Director Douglas Pasquale bought 5,350 shares of company stock for $97,638 while Director Peter Merlone bought 5,000 for $91,250.
Notable Sale:
  • Home Holdings LLC sold 7,220,445 shares of home furnishings merchant Restoration Hardware ( RH ) for $489,636,416, reducing its total stake in the company to 9,978,171 shares.
For more insider trades, see the charts below.

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

1

Ellis Stephen A

DIR

Schwab Charles

SCHW

B

$250,162

2

Levenson Ryan

BO

Relm Wireless

RWC

B

$199,233

3

Tannenbaum L M

CEO,DIR

Fifth St Sr FR

FSFR

B

$143,500

4

Oreilly Thomas P

O

NB Hi Yld Str Fd

NHS

B

$104,010

5

Pasquale Douglas

DIR

Terreno Realty

TRNO

JB*

$97,638

6

Merlone Peter J

DIR

Terreno Realty

TRNO

JB*

$91,250

7

Seidner Marc P

O

Pimco Cr Inc Fd

PCI

B

$44,120

8

Jones Kevin J

DIR

Independent Bank

INDB

B

$38,975

9

Lu Lucy

CFO

Coronado Bio

CNDO

B

$35,906

10

Wynnefld SCp Val

BO

Ari Network Svs

ARIS

JB*

$29,400


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

1

Home

BO

Restoration Hardware

RH

JS*

$489,636,416

2

Steelhead Partners

O

Resolute Forest

RFP

S

$5,614,643

3

Berger Harvey J

CB,CEO,DIR

Ariad Pharm

ARIA

AS

$3,956,718

4

FMR

BO

Insmed

INSM

S

$3,564,155

5

Dobkin Arkadiy

CEO,PR,CB

Epam Systems

EPAM

AS

$3,115,266

6

Muse John R

DIR

Lin Tv

TVL

AS

$1,645,946

7

Waldis Stephen

CEO,CB,DIR

Synchronoss Tech

SNCR

AS

$1,627,700

8

Stryker Ronda E

DIR

Stryker

SYK

AS

$1,452,298

9

Hicks Muse Eq Fd

BO

Lin Tv

TVL

AS

$1,284,922

10

Morgenthaler Part

BO

Peregrine Semi

PSMI

AS

$1,138,538

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: RH , RWC , SCHW , TRNO

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