Insiders Buy Shares at Kinder Morgan and Halcon While Yelp Sees Two Sales

By
A A A

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, August 12, 2013.

Notable Purchases:

  • Mutual life insurance company Massachusetts Mutual Life, a Beneficial Owner of non-diversified, closed-end fund Kayne Anderson Energy Total Return Fund ( KYE ), bought 34,800,000 shares of company stock for $34,800,000.
  • The Canada Pension Plan Investment Board bought 5,185,553 shares of the onshore oil and natural gas company Halcon Resources ( HK ) for $26,446,320.
  • Fayez Sarofim, a Director of energy transportation and storage company Kinder Morgan ( KMI ), bought 400,000 shares of company stock for $15,071,889.
  • J. Mack Robinson, a Beneficial Owner and former CEO of Gray Television ( GTN ), bought 492,212 shares of company stock for $3,937,696.
Notable Sales:
  • At the online, city guide and social media company Yelp ( YELP ), Director Deer Vi & Co. LLC sold 1,739,625 shares of company stock for $89,764,800. while Beneficial Owner Elevation Partners sold 554,457 shares for $28,890,797.

For more insider trades, see the charts below.

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

1

Mass Mutual Life

BO

KA Energy TR Fd

KYE

JB*

$34,800,000

2

Canada Pension

BO

Halcon Resources

HK

B

$26,446,320

3

Sarofim Fayez

DIR

Kinder Morgan

KMI

B

$15,071,889

4

Robinson J Mack

BO

Gray Television

GTN

B

$3,937,696

5

Osmium Partners

BO

Ziprealty

ZIPR

B

$800,468

6

Tannenbaum L M

CEO,DIR

Fifth St Sr FR

FSFR

B

$681,161

7

Qvt Assoc Gp

BO

Achillion Pharm

ACHN

B

$655,529

8

Gibson John William

CEO,DIR

Oneok Partners

OKS

B

$603,502

9

Stolz Brian M

VP

Valeant Pharm Intl

VRX

B

$453,197

10

Bvf Partners L P Il

BO

Oncothyreon

ONTY

B

$426,166

Source: InsiderInsights.com | Key to Insider Title and Trans Type Codes

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

1

Deer Vi & Co

DIR

YELP

YELP

S

$89,764,800

2

Elevation Partners

BO

YELP

YELP

S

$28,655,785

3

Lampert Edward S

BO

Autonation

AN

S

$25,890,797

4

Page Lawrence

CEO,DIR,BO

Google

GOOG

AS

$18,436,706

5

Malone John C

CB,DIR,BO

Liberty Interactive

LINTA

S

$13,053,763

6

Muse John R

DIR

Lin Media

LIN

JS*,AS

$10,952,992

7

Dentino William

TT

Molina Healthcare

MOH

S

$7,083,342

8

Hartley Ross C

DIR

Nic

EGOV

S

$6,555,509

9

Frazier Laura

BO

Brown Forman

BFB

S

$5,076,869

10

Malone John C

BO

Starz

STRZA

S

$4,969,109

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: GTN , HK , KMI , KYE , YELP

Minyanville

Minyanville

More from Minyanville:

Related Videos

Stocks

Referenced

Most Active by Volume

61,354,178
  • $10.59 ▲ 13.26%
57,732,182
  • $16.27 ▲ 1.12%
51,991,548
  • $103.30 ▲ 0.78%
48,129,834
  • $20.65 ▲ 5.52%
41,623,916
  • $12.63 ▲ 8.13%
34,295,241
  • $76.68 ▲ 2.49%
31,519,079
  • $34.57 ▼ 1.00%
28,847,879
  • $3.64 ▲ 0.28%
As of 9/2/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com