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Bill Gross Buys Pimco Fund Again, Plus Insiders Buy at Hallmark Financial and Medgenics

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 Thursday, September 19, 2013.

Notable Purchases:

  • Star investor Bill Gross, co-founder of Pimco, bought 123,800 shares of Pimco Dynamic Credit Income Fund ( PCI ) for $2,728,080.

  • Todd Goergen, a managing member of the private investment partnership Ropart Investments, LLC, bought 20,000 shares of direct-to-consumer marketing company Blyth ( BTH ) for $246,800.

  • Mark Schwarz, Chairman of insurance holding company Hallmark Financial ( HALL ), bought 25,000 shares of company stock for $220,000.

  • Sol Barer, a director at medical technology and therapeutics company Medgenics (NYSEMKT:MDGN), bought 20,000 shares of company stock for $111,478.

For more insider trading, see the charts below.

#: Filer Name Insider Titles Company Name Ticker TransType Dollar Value
1 Summer Wind Cap BO Carlyle Gaming CGME JB* $4,350,170
2 Gross William H O Pimco Dyn Cr Inc Fd PCI B $2,728,080
3 Marubeni DIR,BO Aircastle AYR B $516,966
4 Goergen Todd A BO Blyth BTH B $246,800
5 D Angelo Frank D DIR Evertec EVTC B $229,670
6 Schwarz Mark E CB,DIR,BO Hallmark Financial HALL B $220,000
7 Seidner Marc P O Pimco Dyn Cr Inc Fd PCI B $218,499
8 Poduska John W DIR EXA EXA JB*,B $184,644
9 Barer Sol J DIR Medgenics MDGN B $111,478
10 Gingles Andre J DIR Old Line Bancshares OLBK JB* $100,009

#: Filer Name Insider Titles Company Name Ticker TransType Dollar Value
1 Popular DIR,BO Evertec EVTC JS* $197,170,896
2 Global Infra Inv BO Access Midstream ACMP JS* $46,110,000
3 Mayfield Cayman LP BO Marketo MKTO JS* $30,138,706
4 Monomoy Ult Gp DIR,BO Everyware Global EVRY JS*,S $18,570,019
5 Ryu Marcus CEO,PR,DIR Guidewire Software GWRE AS $6,232,382
6 Stern Theodore DIR Incontact SAAS AS $4,515,969
7 Peek Mark S CFO Workday WDAY AS $3,057,648
8 Levchin Max R DIR,BO YELP YELP AS $2,259,825
9 Sze David L DIR Linkedin LNKD AS $1,542,137
10 Abdoo Elizabeth A VP,GC Host Hotels HST S $1,256,139

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 Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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