Insiders Buy Shares at Yum Brands and Puma Biotech

By
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Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside purchases and sales recently filed with the SEC.

Notable Purchases:

  • Investment firm Adage Capital Partners GP bought 140,900 shares of development-stage biopharmaceutical company Puma Biotech ( PBI ) for $5,697,561.
  • Robert Walter, a director at quick service restaurant company Yum Brands ( YUM ), bought 20,000 shares of company stock for $1,321,716.
  • At Prudential Bancorp ( PBIP ), Chairman, President and CEO Thomas Vento bought 8,576 shares for $85,760 while Executive Vice President and CFO Joseph Corrato bought 3,311 for $33,110. Prudential Bancorp is the a mid-tier holding company for Prudential Savings Bank.
Notable Sale:
  • Katharine Weymouth, a director at The Washington Post Company ( WPO ), sold 3,992 shares of company stock for $2,437,702.
For more insider trading, see the charts below.

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

1

Levinson Sam

DIR

Stonegate Mtge

SGM

JB*

$7,200,000

2

Adage Capital Gp

BO

Puma Biotech

PBYI

B

$5,697,561

3

Walter Robert D

DIR

Yum Brands

YUM

B

$1,321,716

4

Marubeni

DIR,BO

Aircastle

AYR

B

$529,644

5

Ford Edsel B II

DIR

Intl Speedway

ISCA

JB*

$306,993

6

Vento Thomas A

CB,PR,CEO

Prudential Banc

PBIP

JB*

$85,760

7

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$84,416

8

Pickup Richard H

BO

Impac Mortgage

IMH

B

$62,927

9

Corrato Joseph R

VP,CFO,DIR

Prudential Banc

PBIP

JB*

$33,110

10

Anderson Katherine

CFO

Repros Therap

RPRX

B

$23,770

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

Weymouth Katharine

DIR

Washington Post

WPO

S

$2,437,702

2

Monomoy Ult Gp

DIR,BO

Everyware Global

EVRY

JS*,S

$1,981,358

3

Dolby Dagmar

BO

Dolby Labs

DLB

AS

$1,232,036

4

Sordello Steven J

VP,CFO

Linkedin

LNKD

AS

$1,096,159

5

Stryker Ronda E

DIR

Stryker

SYK

AS

$966,385

6

Tishman Daniel R

VCB,DIR

Aecom Tech

ACM

AS

$930,900

7

Rottenberg Erika

VP,GC,SEC

Linkedin

LNKD

AS

$893,329

8

Saints Cap Granite

BO

Enanta Pharm

ENTA

S

$785,978

9

Goguen Michael L

DIR

Infoblox

BLOX

AS

$720,214

10

Koski Christine L

DIR,BO

Sun Hydraulics

SNHY

AS

$716,283

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: PBI , PBIP , WPO , YUM

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