Insiders at Kinder Morgan and Navistar International 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, September 9, 2013.

Notable Purchases:

  • Richard Kinder, the Chairman and CEO of energy transportation and storage company Kinder Morgan ( KMI ), bought 500,000 shares of company stock for $17,868,750.
  • Mark Rachesky, a director at commercial and military truck company Navistar International ( NAV ), bought 415,101 shares of company stock for $14,127,681.
  • John Gressier, the CEO of global specialty insurance and treaty reinsurance company Axis Capital ( AXS ), bought 176,000 shares of company stock for $7,474,562.
  • Naples, Florida-based hedge fund RGM Capital bought 92,506 shares of digital investigative solutions company Guidance Software ( GUID ) for $767,762.
Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value

1

Kinder Richard D

CB,CEO,BO

Kinder Morgan

KMI

B

$17,868,750

2

Rachesky Mark

DIR,BO

Navistar Intl

NAV

B

$14,127,681

3

Gressier John

CEO

Axis Capital

AXS

B

$7,474,562

4

Crosslink Capital

O

Equinix

EQIX

B

$3,531,682

5

Public Storage

BO

PS Bus Parks

PSB

B

$1,578,194

6

Raquet Walter F

DIR,BO

Green Earth Tech

GETG

JB*

$800,000

7

RGM Capital

BO

Guidance Soft

GUID

B

$767,762

8

Marubeni

DIR,BO

Aircastle

AYR

B

$520,745

9

Siemer Arnold B

DIR,BO

Commercial Vehicle

CVGI

B

$349,392

10

RGM Capital

BO

Accelrys

ACCL

B

$303,380


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

1

Gates William H Iii

DIR

Microsoft

MSFT

AS

$156,248,496

2

Lampert Edward S

BO

Autonation

AN

S

$92,350,680

3

Penske Roger S

CB,CEO,BO

Penske Automotive

PAG

S

$9,593,032

4

Lund Steven

CB,DIR

Nu Skin Enterprises

NUS

S

$4,045,290

5

Bonvanie Rene

SO

Palo Alto Networks

PANW

AS

$3,484,590

6

Live Oak Trust

O

Egain

EGAN

S

$3,309,816

7

Pyne J H

CB,CEO,DIR

Kirby

KEX

S

$3,269,640

8

Kellum Danny L

VP,OO

Pioneer Nat Res

PXD

S

$3,000,002

9

Nishar Dipchand

VP

Linkedin

LNKD

AS

$2,810,173

10

Brown James

DIR

FXCM

FXCM

S

$2,726,211

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: AXS , GUID , KMI , NAV

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