Insider Buys Stock at Anacor Pharmaceuticals Inc While Primoris Services Corp Sees Sale

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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 Wednesday, June 19, 2013.

Notable purchases:

  • Paul J. Denoon, Vice President at Alliancebernstein Income Fund Inc. ( ACG ), a diversified, closed-end management investment company, bought 30,000 shares of company stock for a total value of $228,426.
  • Geoffrey M. Parker, Chief Financial Officer & Senior Vice President at Anacor Pharmaceuticals Inc ( ANAC ), a biopharmaceutical company focused on discovering, developing, and commercializing small-molecule therapeutics, bought 23,046 shares of company stock for a total value of $119,948.
Notable sales:
  • James Davison, Director of Genesis Energy, L.P. ( GEL ), a limited partnership focused on the midstream segment of the oil and gas industry in the Gulf Coast region of the US, bought 265,000 shares of company stock for a total value of $13,676,650.
  • Brian Pratt, Chairman, President & Chief Executive Officer at Primoris Services Corp ( PRIM ), a holding company that provides a range of construction, fabrication, maintenance, and other services to public utilities, petrochemical companies, and other customers, bought 824,400 shares of company stock for a total value of $16,637,134.

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

1

Lattimore John V

DIR,BO


U S Rare Earths

UREE

JB*,B

$1,003,700

2

Thomas Owen D

CEO,DIR

Boston Properties

BXP

AB

$1,000,107

3

Boco Inv

BO

Omni Bio Pharm

OMBP

JB*

$500,000

4

Coliseum Cap

BO

Accuride

ACW

B

$261,788

5

Denoon Paul J

VP

AB Inc Fund

ACG

B

$228,426

6

Parker Geoffrey M

VP,CFO

Anacor Pharm

ANAC

B

$119,948

7

Calamos John P

CB,CEO,BO

Calamos Asset

CLMS

B

$112,107

8

Robinson J Mack

BO

Gray Television

GTN

B

$104,100

9

Robinson Harriett

DIR,BO

Gray Television

GTN

B

$104,100

10

Hill Thomas P Jr

DIR

Chesapeake Utilities

CPK

B,JB*

$78,332

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

Ricketts J Joe

BO

TD Ameritrade

AMTD

S

$84,334,832

2

Pratt Brian

CB,CEO,BO

Primoris Services

PRIM

S

$16,637,134

3

Zable Walter C

CB,DIR,BO

Cubic

CUB

JS*

$15,886,688

4

Hoffman Reid

DIR,BO

LinkedIn

LNKD

AS

$14,952,431

5

Davison James

DIR

Genesis Energy

GEL

JS*

$13,676,650

6

Weiner Jeff

CEO,DIR

LinkedIn

LNKD

AS

$6,638,690

7

Gehring Fred

CEO,DIR

PVH

PVH

AS

$5,118,196

8

Targoff Michael

DIR

Loral Space

LORL

JS*

$4,331,558

9

Sze David L

DIR

Linkedin

LNKD

AS

$2,829,601

10

Wajsgras David C

VP,CFO

Raytheon

RTN

AS

$2,325,486

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: ACG , ANAC , GEL , PRIM

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