Insiders Buy at Aircastle and Halozyme While Orbitz Worldwide Sees a Major Sale

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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 Wednesday, August 14, 2013.

Notable Purchases:

  • The Japanese trading company Marubeni Corporation (OCTMKTS:MARUY) bought 60,000 shares of Aircastle ( AYR ), which acquires, leases, and sells high-utility commercial jets worldwide, for $1,012,038.
  • Kathryn Falberg, a Director of biopharmaceutical company Halozyme Therapeutics ( HALO ), bought 100,000 shares of company stock for $681,645.
  • Irvin Kessler, a Director of Silver Bay Realty Trust Corp ( SBY ), which specializes in buying, renting, and selling single-family homes, bought 41,500 shares of company stock for $647,100.
Notable Sales:
  • The hedge fund limited partnership Par Investment Partners L.P. sold 8,105,094 shares of online travel company Orbitz Worldwide ( OWW ) stock for $80,048,520.
For more insider trades, see the charts below.

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

1

Public Storage

BO


PS Bus Parks

PSB

B

$3,899,932

2

Marubeni

DIR,BO

Aircastle

AYR

B

$1,012,038

3

Palko Jennifer L

VP,BD

Athlon Energy

ATHL

JB*

$1,000,000

4

Global Gp

PT,DIR

Global Partners

GLP

B

$886,540

5

Falberg Kathryn

DIR

Halozyme

HALO

B

$681,645

6

Kessler Irvin R

DIR

Silver Bay Realty

SBY

B

$647,100

7

Cetus Capital II

BO

Accuride

ACW

B

$591,530

8

Innamorati Robert

DIR

Memorial Production

MEMP

B

$502,313

9

Peacock Douglas

DIR

Transdigm

TDG

B

$418,772

10

Yang Patrick Y

DIR

Tesoro Corp

TSO

B

$414,790


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

1

Onex

BO

Allison Transmission

ALSN

JS*

$252,035,440

2

Carlyle Mgt

BO

Allison Transmission

ALSN

JS*

$252,035,440

3

Par Investment

BO

Orbitz Worldwide

OWW

JS*

$80,048,520

4

TPG Advisors

BO

Graphic Pkging

GPK

JS*

$33,867,288

5

Page Lawrence

CEO,DIR,BO

Google

GOOG

AS

$18,174,572

6

Moorman Lew

PR,DIR

Rackspace Hosting

RAX

AS

$13,747,009

7

West Face Cap

BO

Sunopta

STKL

S

$9,991,820

8

McCabe Molly E

BO

Scripps Networks

SNI

S

$7,584,930

9

Hagedorn Part

BO

Scotts Miracle Gro

SMG

S

$4,128,989

10

Miller Mark C

CB,DIR

Stericycle

SRCL

S

$3,290,219

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: AYR , HALO , OWW , SBY

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