Insider Trading: Buys at Freeport-McMoRan, Horsehead Holding, AcelRx

By
A A A

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 investment advisor firm Dalal Street LLC bought 325,000 shares of zinc and nickel producer Horsehead Holding Corp. ( ZINC ) company stock for $3,900,000.
  • The privately owned hedge fund sponsor Coliseum Capital Management bought 1,111,671 shares of the manufacturer and supplier of commercial vehicle components Accuride ( ACW ) for $3,862,398.
  • The biotech-focused long-short hedge fund Perceptive Advisors bought 360,660 shares of pain treatment-focused pharmaceutical company AcelRx Pharmaceuticals ( ACRX ) for $2,490,540.
  • Bennett Johnston, a former senator from Louisiana and an advisory director for mineral exploration company Freeport-McMoRan Copper & Gold Inc. ( FCX ), bought 18,900 shares of company stock for $701,725.
For more insider trades, see the charts below:

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

1

Srinivasan Mallika

DIR

AGCO

AGCO

AB

$5,674,915

2

Dalal Street

BO

Horsehead Holding

ZINC

JB*

$3,900,000

3

Coliseum Cap

BO

Accuride

ACW

B

$3,862,398

4

Perceptive Advisors

BO

Acelrx Pharm

ACRX

B

$2,490,540

5

Ressler Antony P

PR

Ares Multi Str Cr Fd

ARMF

JB*

$2,000,000

6

Bandera Partners

BO

Ambassadors

EPAX

B

$908,568

7

Johnston J Bennett

O

FMc Cop & Gold

FCX

B

$701,725

8

Grain David J

DIR

Southern

SO

B

$411,318

9

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$314,658

10

Frobes Patricia

DIR

Zions Bancorp

ZION

JB*

$310,545


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

1

Gates William

DIR

Microsoft

MSFT

AS

$378,220,160

2

J B Hunt

BO

Hunt JB Trans

JBHT

S

$12,742,652

3

Walker Thomas

CFO

Tableau Software

DATA

AS

$9,296,528

4

Hawkeye Capital

BO

Hemisphere Media

HMTV

S

$8,939,402

5

Clarke

BO

Vitran Corp

VTNC

JS*

$8,179,377

6

Scott Homer A Jr

BO

First Inter Bancsys

FIBK

JS*

$5,724,600

7

Vepf Iii Aiv V

BO

Digital River

DRIV

S

$4,680,000

8

Blackburn Jeffrey

VP

Amazon Com

AMZN

AS

$4,380,877

9

Szkutak Thomas J

VP,CFO

Amazon Com

AMZN

AS

$3,614,817

10

Valentine H Brian

VP

Amazon Com

AMZN

AS

$3,000,166

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: ACRX , ACW , FCX , ZINC

Minyanville

Minyanville

More from Minyanville:

Related Videos

Stocks

Referenced

Most Active by Volume

183,639,073
  • $42.32 ▲ 3.85%
82,623,623
  • $15.99 ▼ 22.79%
39,547,942
  • $119 ▲ 1.19%
32,107,751
  • $77.62 ▲ 2.63%
29,684,848
  • $10.60 ▲ 2.02%
27,615,309
  • $24.03 ▲ 0.38%
26,917,669
  • $31.10 ▲ 2.07%
26,464,306
  • $47.75 ▲ 0.59%
As of 11/26/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com