Top Insider Trades 11/20/12: FB, AAPL, AGCO, WCRX

By Jonathan Moreland, founder of Insider Insights [1] and author of Profit From Legal Insider Trading.

Which stocks are getting attention from insiders?

In a victory for common sense, the trading behavior of company executives, directors, and large shareholders in the stocks of firms they're registered "insiders" at have been proven profitable to monitor by both academic studies and (more importantly) the experience of your fellow professional investors.

Below are lists of the top 10 mainly open-market insider purchases and sales filed at the Securities and Exchange Commission Tuesday, November 20, 2012 as ranked by dollar value.

Please note, however, that these are factual lists, 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 [1], we find new investment ideas just about every day using these and more intricate insider screens [2] 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.

So use these regular blog posts as the initial research tools they are meant to be, and click the links in the tables to analyze a company's or insider's full insider history. Also feel free to email us [3] with any questions on our proprietary insider data, and how it is best analyzed.

Insider Purchases
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
DIR
AGCO [5]
AGCO [5]
AB
$10,050,535
2
Jbs Usa [6]
BO
PPC [7]
JB*
$5,463,228
3
BO
NBY [9]
JB*
$1,500,000
4
DIR
At & T [11]
T [11]
B
$1,354,000
5
DIR
Apple [13]
AAPL [13]
B
$1,002,770
6
Baralonco [14]
BO
IRDM [15]
B,JB*
$821,656
7
PR,CEO,DIR
MPO [17]
B
$275,950
8
CB,PR,CEO
TPGI [19]
B
$265,555
9
DIR
MWE [21]
B
$251,404
10
DIR,BO
SJW [23]
SJW [23]
B
$235,735

Source: InsiderInsights.com [1] | Key to Insider Title and Trans Type Codes [24]

Insider Sales
#: Filer Name Insider Titles Company Name Ticker Trans
Type
Dollar Value
1
DIR
WCRX [26]
JS*
$58,300,000
2
BO
Delek Us [28]
DK [28]
JS*
$56,870,000
3
DIR
Facebook [30]
FB [30]
AS
$54,159,664
4
BO
Carnival [32]
CCL [32]
AS
$36,236,792
5
BO
RAI [34]
JS*
$34,655,560
6
BO
MA [36]
S
$13,334,323
7
CB,DIR
Intuit [38]
INTU [38]
AS
$11,759,780
8
DIR
Facebook [30]
FB [30]
AS
$6,722,449
9
DIR
JBHT [41]
S
$5,951,900
10
CB,DIR
Cognex [43]
CGNX [43]
S
$5,336,943

Source: InsiderInsights.com [1] | Key to Insider Title and Trans Type Codes [24]