Insiders Buy Shares at Starbucks and Hawaiian Telcom

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 Wednesday, August 21, 2013.

Notable Purchases:

  • Mellody Hobson, a Director at Starbucks ( SBUX ), bought 141,573 shares of company stock for $9,995,719.
  • Wellington Denahan, Chairman and CEO of Annaly Capital ( NLY ), which owns, manages, and finances a portfolio of real estate investment, bought 181,818 shares of company stock for $1,993,631.
  • Twin Haven Special Opportunities Fund III LP bought 15,301 shares of communications services and products company Hawaiian Telcom ( HCOM ) for $393,814.
  • Thomas Eckert, the Director of Chesapeake Lodging Trust ( CHSP ), bought 16,000 shares of company stock for $354,140.
For more insider trades, see the charts below.

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

1

Hobson Mellody L

DIR


Starbucks

SBUX

B

$9,995,719

2

Denahan Wellington

CB,CEO,DIR

Annaly Capital

NLY

B

$1,993,631

3

Riggs Leonard M Jr

DIR

Envision Healthcare

EVHC

JB*

$1,012,000

4

Brightline Cap Mgt

BO

Z Trim

ZTHO

JB*

$470,000

5

O Bryant Allan

VP

Reinsurance Of Amer

RGA

B

$423,085

6

Twin Haven SO Fd

BO

Hawaiian Telcom

HCOM

B

$393,814

7

Eckert Thomas D

DIR

Chesapke Lodging Tr

CHSP

B

$354,140

8

Sheridan Jerry E

PR,CEO

Amerigas Partners

APU

B

$304,010

9

Mullins Eric D

CEO,CB,DIR

Lrr Energy

LRE

B

$251,943

10

Anderson Brian P

DIR

Castle A M

CAS

B

$247,723


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

1

TPG Advisors Vi

DIR,BO

Northern Tier

NTI

JS*

$253,344,992

2

Thayer Equity Inv

BO

Roadrunner Trans

RRTS

JS*

$71,631,000

3

Tagliaferri Megan

BO

Scripps Networks

SNI

S

$6,504,736

4

Hinton Sidney

PR,CEO,DIR

Powersecure Intl

POWR

S

$3,200,000

5

Foutch Randy A

CB,CEO,DIR

Laredo Petroleum

LPI

S

$2,375,000

6

Gabelli Mario J

DIR

Gabelli Div & Inc

GDV

S

$2,067,714

7

Tutor Ronald N

CB,CEO,BO

Tutor Perini

TPC

S

$1,903,012

8

Levchin Max R

DIR,BO

YELP

YELP

AS

$1,751,065

9

Ares Cp Op Fd

DIR

Exco Resources

XCO

S

$1,134,947

10

Teichman Jason

VP,SO

Web Com

WWWW

S

$1,088,584

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: CHSP , HCOM , NLY , SBUX

Minyanville

Minyanville

More from Minyanville:

Related Videos

Stocks

Referenced

Most Active by Volume

69,355,264
  • $15.52 ▲ 1.37%
50,296,472
  • $31.46 ▼ 1.69%
46,124,391
  • $126.37 ▲ 2.53%
35,489,261
  • $59.83 ▲ 23.82%
35,114,107
  • $8.76 ▲ 2.22%
34,240,025
  • $42.82 ▼ 3.54%
34,235,502
  • $40.96 ▼ 0.02%
32,692,013
  • $8.80 ▼ 6.98%
As of 3/30/2015, 04:15 PM


Find a Credit Card

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