Insiders Buy Shares at Esterline and Opko; Noodles & Co. Sees a Sale

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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:

  • Henry Winship, a director at aerospace and defense manufacturing company Esterline Technologies ( ESL ), bought 103,528 shares of company stock for $9,507,702.
  • Phillip Frost, Chairman and CEO of the multinational diagnostics and pharmaceutical company Opko Health ( OPK ) bought 50,000 shares of company stock for $472,196.
  • Global GP LLC, a partner at Global Partners LP ( GLP ), bought 7,500 shares of company stock for $258,825. Global Partners LP specializes in purchasing, storing, transporting, and selling refined petroleum products.
Notable Sale:
  • The Public Sector Pension Investment Board, one of Canada's largest pension investment managers, sold 2,121,689 shares of Noodles & Company ( NDLS ) for $80,454,448.
For more insider trades, see the charts below.

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

1

Winship Henry W

DIR

Esterline Tech

ESL

B

$9,507,702

2

Icahn Carl C

BO

Nuance Comms

NUAN

B

$5,979,328

3

Nodelman Oleg

DIR

Kindred Biosciences

KIN

JB*

$2,800,000

4

Schmitt George F

DIR,BO

Xg Technology

XGTI

JB*

$1,999,900

5

Marubeni

DIR,BO

Aircastle

AYR

B

$543,306

6

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$472,196

7

Stevens Mark A

DIR

Athlon Energy

ATHL

B

$306,468

8

Global Gp

PT,DIR

Global Partners

GLP

B

$258,825

9

Omega Healthcare

DIR

Corp Office Props Tr

OFC

B

$220,909

10

Lumpkins David

DIR

Crestwood Midstream

CMLP

B

$213,112


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

1

Shinn Bryan Adair

CEO,DIR

U S Silica

SLCA

JS*

$156,760,096

2

Pub Sector Pension

BO

Noodles

NDLS

JS*

$80,454,448

3

Fernandez Carbajal

DIR

Visa

V

S

$8,188,462

4

Coury Robert J

CB,DIR

Mylan

MYL

AS

$6,220,405

5

Datatax Bus Svs

BO

Jth Holding

LTAXA

JS*

$2,789,043

6

McAlea Kevin

VP

3d Systems

DDD

S

$2,298,495

7

Tutor Ronald N

CB,CEO,BO

Tutor Perini

TPC

S

$1,983,694

8

Dennis Robert J

CB,CEO,DIR

Genesco

GCO

S

$1,624,657

9

Shroff Jal S

DIR

Fossil

FOSL

S

$1,562,169

10

Murry Paul Thomas

PR

PVH

PVH

S

$1,367,984

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: ESL , GLP , NDLS , OPK

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