Welcome to our daily roundup of top insider trades. Here's a look at the most significant inside purchases recently filed with the SEC.
- Warren Buffett's holding company Berkshire Hathaway (NYSE:BRK.B) bought 1,314,170 shares of dialysis services provider DaVita Healthcare ( DVA ) for $76,011,504.
- Thomson Leighton, CEO of content delivery and cloud infrastructure services company Akamai Technologies ( AKAM ), bought 25,000 shares of company stock for $1,132,000.
- Floyd Wilson, Chairman of independent energy company Halcon Resources ( HK ), bought 100,000 shares of company stock for $399,616. Halcon focuses on the production, exploration, and development of onshore liquids-rich oil and natural gas assets.
- The investment firm Sagard Capital Partners bought 32,000 shares of global print management and promotional solutions provider InnerWorkings ( INWK ) for $214,080.
Altman Steven R
Ford Jeremy B
Third Point Re
Wilson Floyd C
1st United Bancorp
Dolan Scott J
Castle A M
Evans Bruce R
George Michael A
Bagley Gary W
H & E Equipment
Walter W Edward
Trahan David W
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."