Insiders Buy Shares of Green Mountain Coffee Roasters and Sprint

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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 Friday, August 16, 2013.

Notable Purchases:

  • Japanese telecommunications and Internet company Softbank (OTCMKTS:SFTBF) bought 4,243,421 shares of American telecom company Sprint for $29,615,418. In July, Softbank acquired a majority stake in Sprint.
  • The real estate investment trust RAIT Financial Trust ( RAS ) bought 170,000 share of Independence Realty Trust (NYSEMKT:IRT), also an REIT, for $1,445,000.
  • David Mackay, a Director of specialty coffee and coffee maker company Green Mountain Coffee Roasters ( GMCR ), bought 14,000 shares of company stock for $1,051,936.
  • Phillip Frost, a Director of independent brokerage, investment banking, and equity research company Ladenburg Thalmann Financial Services (NYSEMKT:LTS), bought 500,000 shares for $835,000.
For more insider trades, see the charts below.

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

1

Softbank

BO

Sprint

S

B

$29,615,418

2

Mosing Donald K

DIR,BO

Frank S Intl

FI

JB*

$1,762,938

3

RAIT Financial Trust

BO

Ind Rlty Tr

IRT

JB*

$1,445,000

4

Graziadio G Louis

DIR

Wld Pnt Terminals

WPT

JB*

$1,078,000

5

Mackay A D David

DIR

Green Mtn Coffee

GMCR

B

$1,051,936

6

Marubeni

DIR,BO

Aircastle

AYR

B

$1,004,454

7

Frost Phillip Md

DIR,BO

Ladenburg Thalmann

LTS

JB*

$835,000

8

Boersch Cornelius

BO

Identive

INVE

JB*

$767,647

9

Martell James J

DIR

Xpo Logistics

XPO

JB*

$741,708

10

Haitzmann Erwin

CB,CEO,DIR

Century Casinos

CNTY

JB*

$454,883


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

1

Star NCLC

BO

Norwegian Cruise

NCLH

JS*

$331,005,664

2

Apollo Mgt Gp

BO

Norwegian Cruise

NCLH

JS*

$248,254,240

3

World Point Terminals

DIR,BO

Wld Pnt Terminals

WPT

JS*

$91,711,104

4

TPG Advisors

O

Norwegian Cruise

NCLH

JS*

$82,751,416

5

Shaner Lance T

DIR

Rex Energy

REXX

S

$50,592,000

6

Delek Hungary

BO

Delek Us

DK

JS*

$41,670,000

7

Apollo Advisors II

BO

Quality Distribution

QLTY

JS*

$37,970,876

8

Apax Managers

DIR

Realpage

RP

JS*

$25,118,380

9

Schiller Philip W

VP

Apple

AAPL

AS

$18,586,000

10

Bell Leonard

CEO,DIR

Alexion Pharm

ALXN

AS

$14,851,771

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: GMCR , IRT , LTS , RAS , SFTBF

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