Insiders at Kinder Morgan and Digital Generation Buy Shares

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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 Monday, June 24, 2013.

Notable Purchases:

  • Richard Kinder, the Chairman and CEO of Kinder Morgan Inc ( KMI ), bought 500,000 shares of company stock for $17,887,600.
  • William Martin, the founder of small- to mid-cap public equity focused hedge fund Raging Capital Management, bought 3,900,000 shares of communications integrated circuits company Vitesse Semiconductor ( VTSS ) for $8,385,000.
  • Alex Meruelo, a Director of ad management and distribution platform company Digital Generation Inc ( DGIT ), bought 467,000 shares of company stock for $3,032,955.
  • Randal Nardone, a Director of real estate investment and finance company Newcastle Investment Corp. ( NCT ), bought 250,000 shares of company stock for $1,242,500.
For more insider trades, please see the charts below.

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

1

Kinder Richard D

CB,CEO,BO

Kinder Morgan

KMI

B

$17,887,600

2

Martin William C

BO

Vitesse Semi

VTSS

JB*

$8,385,000

3

Northwater Capital

BO

Textura

TXTR

JB*

$3,675,015

4

Meruelo Alex

BO

Digital Generation

DGIT

B

$3,032,955

5

Edens Wesley R

DIR

Newcastle Inv

NCT

JB*

$2,485,000

6

Arougheti Michael

DIR

Ares Comml RE

ACRE

B

$2,025,000

7

Nardone Randal A

DIR

Newcastle Inv

NCT

JB*

$1,242,500

8

Dondero James D

DIR

Nexpoint Cr St Fd

NHF

B

$1,086,236

9

Feinberg Larry N

BO

Accelerate Diag

AXDX

B

$914,000

10

Mullin John H Iii

DIR

Hess

HES

B

$630,093


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

1

Ricketts J Joe

BO

Td Ameritrade

AMTD

S

$35,265,324

2

Tagliaferri Megan S

BO

Scripps Networks

SNI

S

$9,627,327

3

Chirico Emanuel

CB,CEO,DIR

PVH

PVH

S

$5,668,475

4

VA Retire Sys

BO

Blackrock Kelso

BKCC

S

$4,855,111

5

Berkeley Richard

DIR

Wageworks

WAGE

S

$3,367,390

6

Emmett Dan A

CB,DIR

Douglas Emmett

DEI

AS

$3,342,740

7

Shaffer Michael A

VP,CFO,COO

PVH

PVH

S

$2,285,154

8

Usrg Holdco V

BO

Ren Energy

REGI

AS

$2,270,499

9

Dugle Lynn A

VP

Raytheon

RTN

AS

$997,542

10

Stryker Ronda E

DIR

Stryker

SYK

AS

$907,817

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: DGIT , KMI , NCT , VTSS

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