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Stocks: Insiders Buy at General Electric and Nexpoint Credit Strategies Fund

By: Minyanville
Posted: 1/24/2014 11:32:00 AM
Referenced Stocks: CELP;GE;NHF;ODC

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

Notable Purchases:

For more insider trades, see the charts below.

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

1

Blavatnik Len

BO

Ep Energy

EPE

B

$66,544,760

2

Dondero James D

O

Nexpoint Cr St Fd

NHF

JB*

$1,278,239

3

William Amelio J

CEO,DIR

Chc

HELI

B

$500,000

4

Gisi Phil

DIR

Cypress Energy

CELP

JB*

$400,000

5

Rohr James E

DIR

General Electric

GE

B

$261,842

6

Bartolotta Peter

COO

Chc

HELI

B

$250,000

7

Kalman Francis S

DIR

Chc

HELI

B

$200,000

8

Frost Phillip Md

CEO,CB,BO

Opko Health

OPK

B

$154,298

9

McNabb John T II

DIR

Cypress Energy

CELP

JB*

$150,000

10

Washow Lawrence

DIR

Oil Dri Corp

ODC

B

$70,044


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

1

Oepw

BO

Wright Medical

WMGI

S,JS*

$91,982,700

2

Insight Venture

BO

Cvent

CVT

JS*

$7,198,832

3

New Enterprise

BO

Cvent

CVT

JS*

$6,030,989

4

Third Rock Vent

BO

Bluebird Bio

BLUE

S

$5,977,500

5

Basham Robert D

BO

Bloomin Brands

BLMN

S

$3,914,406

6

Dobmeier Eric

COO

Seattle Genetics

SGEN

AS

$2,683,958

7

Franklin Resources

BO

Dynegy

DYN

S

$2,147,018

8

Haddrill Richard M

DIR

Bally Technologies

BYI

AS

$2,040,081

9

Citron Jeffrey A

DIR,BO

Vonage

VG

AS

$1,652,297

10

Balakrishnan Balu

PR,CEO

Power Integrations

POWI

S

$1,534,833

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."