Restoration Hardware Holdings Inc Sees One Insider Purchase and 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 Friday, July 19, 2013.

Notable Purchases:

  • The billionaire activist investor Cart Icahn bought 818,279 shares of commercial and military trucks company Navistar International Corp ( NAV ) for $27,806,760.
  • Thomas Mottola, a Director of home furnishings merchant Restoration Hardware ( RH ), bought 100,000 shares of company stock for $7,000,000.
  • The Naples, Florida-based hedge fund RGM Capital bought 200,000 shares of scientific informatics software and services company Accelrys ( ACCL ) for $1,769,250.
Notable Sales:
  • Gary Friedman, the Chairman and CEO of Restoration Hardware, sold 266,667 shares of company stock for $18,666,690. Meanwhile, Carlos Alberini, a Director of the company who was just this month appointed as Co-CEO, sold 178,000 shares for $12,460,000.
  • At Coty Inc. ( COTY ), which manufactures and markets fragrances, color cosmetics, and skin and body care products, Director Bradley Bloom and private equity firms Berkshire Partners LLC and Rhone Capital LLC each sold 951,087 shares of company stock for $16,061,482.
For more insider trades, see the charts below.

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

1

Icahn Carl C

BO

Navistar Intl

NAV

B

$27,806,760

2

Mount Kellett Cap

BO

GC Ultra Deep Rlty Tr

GULTU

B

$14,090,000

3

Mottola Thomas D

DIR

Restoration Hardware

RH

JB*

$7,000,000

4

RGM Capital

BO

Accelrys

ACCL

B

$1,769,250

5

Par Investment

BO

Pozen

POZN

B

$472,500

6

Vn Capital Mgt

BO

Breeze Eastern

BZC

B

$319,630

7

Meson Capital CP

BO

Lucas Energy

LEI

JB*

$250,000

8

George W Whitney

FO,DIR,BO

Royce Focus Trust

FUND

JB*

$91,364

9

Kane Steve

O

Tcw Str Inc Fd

TSI

B

$49,985

10

Dimitrov Ivelin M

FO

Fifth St Sr FR

FSFR

B

$44,205


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

1

Friedman Gary G

CB,CEO,BO

Restoration Hardware

RH

S

$18,666,690

2

Bloom Bradley M

DIR

COTY

COTY

JS*

$16,061,482

3

Rhone Capital

DIR,BO

COTY

COTY

JS*

$16,061,482

4

Berkshire Partners

BO

COTY

COTY

JS*

$16,061,481

5

Alberini Carlos

CEO,DIR,BO

Restoration Hardware

RH

S

$12,460,000

6

Empire Capital Mgt

BO

Sonus Networks

SONS

S

$11,592,000

7

Dunaj Kenneth J

COO

Restoration Hardware

RH

S

$7,672,420

8

Chaya Eri

DIR

Restoration Hardware

RH

S

$4,299,330

9

Mastercard Foundation

BO

Mastercard

MA

S

$3,814,623

10

Thompson James K

CB,DIR

Hunt J B Transport

JBHT

S

$3,756,520

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: ACCL , COTY , NAV , RH

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