Insiders Buy Shares at Agco, Ziopharm, and Mirati Therapeutics

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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 manufacturer and distributor AGCO ( AGCO ), bought 343,726 shares of company stock for $19,795,180.
  • Randal Kirk, a director at biotechnology company Ziopharm Oncology ( ZIOP ), bought 2,857,143 shares of company stock for $10,000,000.
  • The healthcare-dedicated investment firm OrbiMed Advisors bought 125,000 shares of biopharmaceutical company Mirati Therapeutics ( MRTX ) for $2,187,500. Mirati specializes in the development of therapeutics for the treatment of cancer.
  • James Askew, a director at shell company Gulfslope Energy ( GSPE ), bought 5,000,000 shares of company stock for $600,000. GulfSlope engages in the reseller market, specializing in promotional merchandise and apparel, employee recognition and incentive programs, and business gifts.
Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value

1

Srinivasan Mallika

DIR

AGCO

AGCO

AB

$19,795,180

2

Kirk Randal J

DIR,BO

Ziopharm Oncology

ZIOP

JB*

$10,000,000

3

Orbimed Advisors

BO

Mirati Therapeutics

MRTX

JB*

$2,187,500

4

Ghasemi Seifi

DIR

Air Products

APD

B

$1,621,332

5

Askew James M

DIR,BO

Gulfslope Energy

GSPE

JB*

$600,000

6

Kain Gary D

PR,CIO

American Capital

AGNC

B

$541,500

7

Kkr Asset Mgt

BO

Amedisys

AMED

B

$472,010

8

Marubeni

DIR,BO

Aircastle

AYR

B

$350,615

9

Priest Jeffrey W

PR,CEO

Gen Amer Inv

GAM

B

$302,282

10

Frija Kevin

CEO,DIR

Vapor

VPCOR

JB*

$210,000


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

1

Gates William

DIR

Microsoft

MSFT

AS

$110,374,536

2

Arora Nikesh

VP

Google

GOOG

AS

$26,849,374

3

Plank Kevin A

CEO,CB,BO

Under Armour

UA

AS

$23,684,197

4

Gibeau Frank D

PR

Electronic Arts

EA

S

$5,694,099

5

Lasry Marc

BO

Yrc Worldwide

YRCW

S

$5,241,365

6

Silver Star Dev

BO

Synnex

SNX

S

$3,307,163

7

Stryker Ronda E

DIR

Stryker

SYK

AS

$1,552,134

8

Lyons Mark D

VP,CFO,TR

Arch Capital

ACGL

S

$1,503,057

9

Bilban Frank J

VP,CFO

Encore Wire

WIRE

S

$1,496,209

10

Dolby Dagmar

BO

Dolby Labs

DLB

AS

$1,445,824

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: AGCO , GSPE , MRTX , ZIOP

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