Insiders at Agco and Hercules Offshore Report Buys

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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:

  • Mallika Srinivasan, a director at agricultural equipment company Agco ( AGCO ), bought 221,487 shares of company stock for $12,775,370.
  • The privately owned hedge fund sponsor Coliseum Capital Management bought 651,435 shares of the manufacturer and supplier of commercial vehicle components Accuride ( ACW ) for $2,081,866.
  • Steven Webster, a director at shallow-water drilling and marine services company Hercules Offshore ( HERO ), bought 100,000 shares of company stock for $658,410.
  • The investment firm RGM Capital bought 36,699 shares of scientific informatics company Accelrys ( ACCL ) for $338,567.
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

$12,775,370

2

Schwartz Eric S

DIR

Allied Wld Assur

AWH

B

$3,819,281

3

Coliseum Cap

BO

Accuride

ACW

B

$2,081,866

4

Webster Steven A

DIR

Hercules Offshore

HERO

B

$658,410

5

Buckman Michael

DIR

Fleetcor Tech

FLT

B

$583,402

6

Marubeni

DIR,BO

Aircastle

AYR

B

$503,426

7

RGM Capital

BO

Accelrys

ACCL

B

$338,567

8

Singh Manish

CEO,DIR,BO

Lion Biotech

LBIO

JB*

$250,000

9

Robertson Sanford

DIR

Pain Therapeutics

PTIE

B

$186,729

10

Munoz Pablo

VP

Avon Products

AVP

B

$176,500


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

1

Hitachi

O

Western Digital

WDC

JS*

$810,124,992

2

Goldman Sachs

BO

Essent

ESNT

JS*

$24,003,326

3

J B Hunt

BO

Hunt JB Trans

JBHT

S

$12,348,447

4

TPG Advisors

BO

Lpl Financial

LPLA

S

$11,305,140

5

Becker Steven R

DIR

Tuesday Morning

TUES

S

$10,724,541

6

Smith Bradford L

VP

Microsoft

MSFT

S

$7,594,800

7

Luddy Frederic B

DIR

Servicenow

NOW

AS

$5,430,080

8

Kasbar Michael J

CEO,PR,DIR

World Fuel Svs

INT

AS

$5,130,430

9

Joyce R Todd

CFO

Actavis

ACT

S

$3,543,300

10

Sherif Tarek

CB,CEO

Medidata

MDSO

AS

$3,299,076

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: ACCL , ACW , AGCO , HERO

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