Insiders at Blount International and Kinder Morgan Management Buy 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 Friday, August 9, 2013.

Notable Purchases:

  • The privately owned hedge fund sponsor P2 Capital Partners bought 1,965,000 shares of global industrial company Blount International ( BLT ) for $22,827,370.
  • The real estate investment trust Public Storage ( PSA ) bought 59,750 shares of PS Business Parks ( PSB ), which is also an REIT.
  • David Hunt, a Director of the onshore oil and natural gas company Halcon Resources ( HK ), bought 200,000 shares of company stock for $1,020,000.
  • Richard Kinder, the Chairman and CEO of Kinder Morgan Management ( KMR ), a limited, managing partner in pipeline transportation and energy storage company Kinder Morgan Energy Partners (KMP), bought 11,851 shares of company stock for $942,036.
For more insider trades, see the charts below.

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

1

P2 Capital

BO

Blount Intl

BLT

B

$22,827,370

2

Public Storage

BO

Ps Business Parks

PSB

B

$4,367,881

3

Highland Cap Mgt

FO

Nexpoint Cr St Fd

NHF

B

$1,505,460

4

Gardner Ted A

DIR

Athlon Energy

ATHL

JB*

$1,500,000

5

Beyer Robert D

DIR

Leucadia National

LUK

B

$1,061,880

6

Hunt David S

DIR

Halcon Resources

HK

B

$1,020,000

7

Ford Jeremy B

PR,CEO,DIR

Hilltop

HTH

B

$978,963

8

Kinder Richard D

CB,CEO,DIR

Kinder Morgan Mgt

KMR

B

$942,036

9

Kahane William M

DIR

Amer Rlty Cap

ARCP

B

$686,655

10

Schorsch Nicholas

CB,CEO,DIR

Amer Rlty Cap

ARCP

B

$686,655


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

1

Fifth Third Banc

DIR,BO

Vantiv

VNTV

JS*

$127,550,000

2

Sandberg Sheryl

COO,DIR

Facebook

FB

AS

$91,115,206

3

OKeefe Kenneth

DIR

Jazz Pharm

JAZZ

S

$21,241,760

4

Stevens Jeff A

PR,CEO,DIR

Western Refining

WNR

S

$15,354,825

5

Wish Barry N

DIR

Ocwen Financial

OCN

S

$15,085,710

6

Frazier Laura

BO

Brown Forman

BFB

S

$10,354,435

7

Madden Steven

BO

Steven Madden

SHOO

S

$5,439,300

8

Wagner Karl B

PR

Mednax

MD

S

$2,450,325

9

Kiepura Michael E

PR

Rock Tenn

RKT

S

$2,408,568

10

Watjen Thomas R

PR,CEO,DIR

Unum

UNM

AS

$2,289,728

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: BLT , HK , KMR , PSA , PSB

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