Insider Sentiment: Neutral
Insider trading volumes remained lower than usual as earningswindow lock-ups again impacted activity. Although it varies
company to company, insiders are typically not able to trade
until two days after earnings are announced. We reiterate what
we said last week: "While the overall sentiment does point to
both an uptick in buying and a downtick in selling, the activity is
too concentrated in specific companies to impart any overall
trends." We expect the activity to remain slow over the next few
weeks, and we will be keeping a close eye on any post-earnings
trends.
The weekly score decreased to +962. Meanwhile, the eightweek moving average deviation edged up to +0.69x.
Also In This Issue:
-
Weekly Entire Market Insider Stats
Week
Oct 25
Index
11,963
Net
Trading
Value
($44.8M)
Net
Buyers
/ Sellers
+37
Weekly
Score
962
Moving
Average
Deviation
+0.69x
Oct 18
11,749
$12.5M
+32
1,505
+0.62x
Oct 11
11,830
$410.1K
+7
560
+0.50x
Oct 04
12,168
($159.6M)
-10
1,134
+0.29x
Sep 27
12,143
$169.9M
+15
1,595
+0.05x
Sep 20
12,198
($321.3M)
-104
-1,156
-0.07x
Sep 13
12,322
($209.6M)
-176
-2,671
-0.06x
($174.9M)
-137
-1,424
+0.03x
Sep 06
12,340
Entire Market -
Help with reading charts
Best and Worst Industries
New Best and Worst Companies
Top Company Buying and Selling
Highlighted Transactions
What's Hot: Computer Software & Services,
Banking
Cott (COT), Goodrich Petroleum (GDP), TNS
(TNS), Acxiom (ACXM) ...
What's Not: Investment Brokerage – National,
Retail
optionsXpress Holdings (OXPS), Fairchild
Semiconductor (FCS), Southwest Airlines
(LUV), Claires Stores (CLE) ...
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
1
This page ranks InsiderScore's Macro and Second Level Industry groups by net trading value. See our Industry Drill Down for a complete overview.
Macro Industries
Rank
Industry
Technology
Net Trading
Value
$5.9M
Net
Buyers/Sellers
-2
Moving Average
Deviation
+0.43x
$881.1K
+3
+0.30x
$0
0
-0.17x
($104.5K)
+4
+0.61x
1
Technology
2
Healthcare
3
Conglomerates
4
Industrial Goods
5
Basic Materials
($3.8M)
-1
+0.10x
6
Financial
($5.9M)
+31
+0.83x
7
Consumer Goods
($8.0M)
-9
+0.93x
8
Services
($44.1M)
-2
+0.89x
Financial
Top 2nd Level Industries
Net Trading
Value
$12.7M
Net
Buyers/Sellers
-1
Moving Average
Deviation
+0.43x
Media
$1.7M
+1
+0.45x
Real Estate
$1.6M
+4
+0.75x
4
Chemicals
$1.3M
0
+0.59x
5
Telecommunications
$1.3M
+1
+0.25x
6
Drugs
$905.5K
0
+0.09x
7
Food & Beverage
$632.9K
+1
+0.88x
8
Leisure
$494.5K
+1
+0.87x
9
Industrial
$466.2K
+4
+0.72x
10
Aerospace
$92.9K
+1
+0.76x
Rank
Industry
1
Computer Software & Services
2
3
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
2
Healthcare
Highlighted Positive Industries
This page includes editorial highlights of industry groups seeing positive changes in insider
sentiment.
Business Software & Services
Sentiment in the Computer Software & Services industry has improved
markedly over the past five weeks as numerous buyers have emerged.
In the Business Software & Services segment, a new director at
Informatica (INFA) took down $1.2M in stock, and the chairman of
Wind River Systems (WIND) popped up with a 25K-share buy.
Meanwhile, the IT Services segment has been driven by a 10% owner at
Acxiom (ACXM) that has been building its stake and offering up a
takeover bid for the company. Buyers have also popped up at small caps
like Artisoft (ASFT).
Banking
After an early September swoon, the Banking industry has roared back
with some intensity. Among the notable buyers have been a director at
JPMorgan Chase (JPM), who was doubling down on his 10K-share
holding; an initial director buy at KeyCorp (KEY); multiple insiders at
Coast Financial Holdings (CFHI); and a director at Washington
Mutual (WM). Among the credit card issuing names, such as JPM, it will
be interesting to see what impact new bankruptcy laws have in the
fourth quarter. There were people lined up to file for bankruptcy outside
the courthouse in Manhattan on the business day before the new law
went into effect, if that’s any indication.
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
3
Highlighted Negative Industries
This page includes editorial highlights of industry groups seeing negative changes in insider
sentiment.
Investment Brokerage - National
Bond and credit rating underwriting gains have helped major brokerages
buck some industry headwinds when it comes to earnings, but insiders
are not showing much willingness to stick it out. Post-earnings sellers
have emerged at Morgan Stanley (MWD), Goldman Sachs (GS),
Merrill Lynch (MER), and Charles Schwab (SCH), among others. In
the meantime, the co-founder/COO of optionsXpress Holdings
(OXPS) made his first sell, which came ten months after the company’s
IPO and with the stock down more than –20% from its 52-week high.
Retail
With Thanksgiving and the all-important holiday shopping season around
the corner, we’re starting to see some signs from the Retail industry. In
the past two weeks, open market sellers have popped up at Sears
Holdings (SHLD), Federated Department Stores (FD), and
appliance/electronics retailer Conn’s (CONN). We also saw a large –
almost 1M share – exercise & sell at Target (TGT) with the stock in the
middle of its 52-week range and the options long vested and years away
from expiration.
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
4
Best and Worst Detailed Industries
To determine an industry's ranking, we evaluate its standing across five different metrics. See our complete list of Best and Worst
industries.
Top 20 Industries
Rank
Industry
Bottom 20 Industries
Deviation
1
Specialty Retail, Other
+1.57x
2
Credit Services
+1.73x
3
Regional - Mid-atlantic Banks
+1.45x
4
Air Delivery & Freight Services
5
Security & Protection Services
6
Rank Industry
Deviation
1
Oil & Gas Refining & Marketing
-1.72x
2
Semiconductor - Broad Line
-0.60x
3
Metal Fabrication
-0.43x
+1.22x
4
Staffing & Outsourcing Services
-0.58x
+0.92x
5
Business Services
-0.38x
Long-term Care Facilities
+1.20x
6
Regional Airlines
-0.59x
7
Industrial Metals & Minerals
+1.09x
7
Investment Brokerage - Regional
-0.61x
8
Reit - Diversified
+0.90x
8
Regional - Pacific Banks
-0.40x
9
Broadcasting - Tv
+0.66x
9
Drugs - Generic
-0.46x
10
Personal Products
+1.00x
10
Regional - Southwest Banks
-0.31x
11
Education & Training Services
+0.83x
11
Basic Materials Wholesale
-0.59x
12
Computers Wholesale
+0.82x
12
Life Insurance
-0.32x
13
Apparel Stores
+1.14x
13
Toys & Games
-0.34x
14
Money Center Banks
+0.66x
14
Diagnostic Substances
-0.35x
15
Electronics Wholesale
+0.71x
15
Sporting Goods
-0.45x
16
Catalog & Mail Order Houses
+0.60x
16
Medical Appliances & Equipment
-0.05x
17
Industrial Electrical Equipment
+0.72x
17
Packaging & Containers
-0.20x
18
Mortgage Investment
+0.34x
18
Textile - Apparel Footwear & Accessories
-0.08x
19
Regional - Northeast Banks
+0.36x
19
Farm & Construction Machinery
-0.04x
20
Resorts & Casinos
+0.98x
20
Grocery Stores
-0.07x
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
5
New Best Companies
This page displays companies with the the most recent notable changes in buying versus past buying and selling trends. See the Best Section
for our complete list of 100+ best companies including breakdowns by Market Cap.
1-Month
Shares
Bought
25.5K
1-Month
Amount
Bought
$248.6K
Average
Purchase
Price
$9.75
Yesterday's
Price
$10.04
Delta from
Avg Purchase
Price
3.0%
Symbol
OLBK
97
Company
Old Line Bancshares
Market
Cap
$22.0M
2
TNS
5
Tns
$389.5M
25.0K
$446.5K
$17.86
$17.84
-0.1%
3
COT
97
Cott Corp
4
PSEC
100
Prospect Energy Corp
5
UNTY
95
6
SYK
7
OI
8
Rank
1
$1.0B
45.0K
$632.9K
$14.07
$14.16
0.7%
$100.9M
49.7K
$684.1K
$13.76
$14.20
3.2%
Unity Bancorp
$76.8M
57.6K
$719.5K
$12.50
$12.75
2.0%
3
Stryker Corp
$16.6B
5.0K
$201.9K
$40.37
$41.35
2.4%
83
Owens Illinois
$2.8B
10.0K
$181.0K
$18.10
$18.30
1.1%
BUCY
1
Bucyrus International
$849.3M
146.0
$6.0K
$40.96
$42.65
4.1%
9
LGN
100
Lodgian
$245.6M
139.5K
$1.4M
$10.07
$9.99
-0.8%
10
INFA
95
Informatica Corp
11
CALC
80
California Coastal Commun...
12
EMFP
87
Emergency Filtration Prod...
13
TYG
87
14
BTFG
93
15
CAVB
16
17
18
$1.0B
100.0K
$1.2M
$11.67
$11.60
-0.6%
$355.6M
22.8K
$794.6K
$34.82
$35.00
0.5%
$30.6M
100.0K
$84.4K
$0.84
$0.79
-6.4%
Tortoise Energy Infrastru...
$369.7M
1.5K
$42.8K
$28.50
$28.90
1.4%
Banctrust Financial Group
$200.7M
6.0K
$109.5K
$18.25
$18.28
0.2%
11
Cavalry Bancorp
$153.2M
5.2K
$109.1K
$20.82
$21.00
0.9%
INVI
30
Integral Vision
$50.1M
33.4K
$52.4K
$1.57
$1.70
8.3%
CRTQ
86
Cortech
$10.7M
29.2K
$77.7K
$2.66
N/A
N/A
WM
9
Washington Mutual
$33.1B
3.0K
$113.5K
$37.83
$37.84
0.0%
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
6
Notable Company-Wide Buying
This section displays the companies with the most buying based on this week's filings using our proprietary scoring algorithm.
# Symbol
1 PSEC
2
MWY
3
COT
4
OLBK
5
INFA
6
TNS
Market
Cap
$100.9M
Sum Trans
Score
7.6
Total
Shares
48.7K
Avg Price
$13.75
9 - 10%
$1.5B
7.3
296.0K
$16.99
$5.0M
Cott Corp
3 - CEO, Dir, Officer
$1.0B
5.7
45.0K
$14.07
$632.9K
97
Old Line Bancshares
7 - CEO, Dir, Officer
$22.0M
4.5
25.5K
$9.75
$248.6K
95
Informatica Corp
2 - Dir
$1.0B
4.0
100.0K
$11.67
$1.2M
Tns
2 - CEO, Dir, Officer
$389.5M
3.8
25.0K
$17.86
$446.5K
100
Company
Prospect Energy Corp
Total Buys (Position)
6 - CEO, Dir, Officer, 10%
100
Midway Games
97
5
Total
Value
$669.7K
7
PCYO
92
Pure Cycle Corp
5 - 10%
$92.5M
3.6
147.7K
$5.92
$874.5K
8
MHTT
98
Manhattan Pharmaceuticals
2 - CEO, Dir, Officer
$52.3M
3.2
10.0K
$1.30
$13.0K
9
KANAE
98
Kana Software
4 - 10%
$44.9M
3.2
179.5K
$1.29
$230.8K
$1.8B
3.1
384.9K
$18.82
$7.2M
10 ACXM
95
Acxiom Corp
3 - Officer, 10%
11 UNTY
95
Unity Bancorp
3 - Dir, 10%, Other
$76.8M
3.0
57.6K
$12.50
$719.5K
12 NTRZ
100
Nutracea
3 - Dir, Officer
$37.8M
2.8
48.5K
$1.06
$51.5K
13 CSE
$2.6B
2.6
127.6K
$22.21
$2.8M
100
Capitalsource
3 - 10%
14 RFMI
97
Rf Monolithics
3 - 10%
$40.2M
1.9
60.5K
$5.14
$311.0K
15 GDP
99
Goodrich Petroleum Corp
2 - Dir, 10%
$544.2M
1.8
56.0K
$19.37
$1.1M
16 CALC
80
California Coastal Communities
5 - 10%
$355.6M
1.8
22.8K
$34.82
$794.6K
17 AGIX
100
Atherogenics
2 - 10%
$576.4M
1.7
80.0K
$15.36
$1.2M
18 JPM
97
J P Morgan Chase & Co
1 - Dir
$125.5B
1.7
10.0K
$35.65
$356.5K
19 RPT
95
Ramco Gershenson Properties Trust
1 - CEO, Dir, Officer
$463.6M
1.7
5.0K
$28.00
$140.0K
Stryker Corp
1 - CEO, Dir, Officer
$16.6B
1.7
5.0K
$40.37
$201.9K
Owens Illinois
1 - CEO, Dir, Officer
$2.8B
1.7
10.0K
$18.10
$181.0K
20 SYK
21 OI
3
83
22 ESI
100
Itt Educational Services
3 - 10%
$2.3B
1.6
50.0K
$47.80
$2.4M
23 LGN
100
Lodgian
6 - 10%
$245.6M
1.6
22.0K
$9.96
$219.2K
$90.7M
1.6
10.9K
$4.59
$50.0K
$486.4M
1.5
19.2K
$29.95
$575.0K
24 HNAB
93
Hana Biosciences
1 - CEO, Dir, Officer
25 CT
99
Capital Trust
2 - Dir
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
7
New Worst Companies
This page displays companies with the the most recent notable changes in selling versus past buying and selling trends. See the Worst
Section for our complete list of 100+ worst companies including breakdowns by Market Cap.
1-Month
Shares
Sold
(194.3K)
1-Month
Amount
Sold
($3.6M)
Average
Selling
Price
$18.65
Yesterday's
Price
$18.35
Delta from
Avg Purchase
Price
-1.6%
(1.3K)
($6.3K)
$5.00
$5.05
0.9%
Symbol
OXPS
91
Company
Optionsxpress Holdings.
Market
Cap
$1.1B
2
CORT
93
Corcept Therapeutics
$110.8M
3
CASB
90
Cascade Financial Corp
$170.1M
(1.2K)
($20.4K)
$17.75
$17.75
0%
4
AOS
16
Smith A O Corp
$271.2M
(51.6K)
($1.6M)
$31.76
$31.80
0.1%
5
MOLX
28
Molex
$2.1B
(15.6K)
($405.6K)
$26.07
$24.79
-4.9%
6
LUV
11
Southwest Airlines Co
$12.2B
(286.6K)
($4.5M)
$15.78
$15.90
0.8%
7
TREN
31
Torrent Energy Corp
$47.5M
(10.0K)
($17.0K)
$1.70
$1.89
11.2%
8
LXBK
32
Lsb Bancshares
$154.7M
(1.2K)
($21.3K)
$17.71
$18.16
2.5%
9
CCDC
23
Concorde Career Colleges
$82.5M
(600.0K)
($9.1M)
$15.11
$13.75
-9.0%
10
FRS
36
Frischs Restaurants
$121.7M
(5.0K)
($115.9K)
$23.18
$23.99
3.5%
11
NEOG
16
Neogen Corp
$154.1M
(15.5K)
($291.0K)
$18.78
$18.50
-1.5%
Rank
1
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
8
Notable Company-Wide Selling
This section displays the companies with the most selling based on this week's filings using our proprietary scoring.
# Symbol
1 SEIC
2 HOC
3 CLE
4 XJT
Market
Cap
$3.8B
Sum Trans
Score
-9.5
Total
Shares
(325.0K)
Avg Price
$37.89
9 - Dir
$1.7B
-6.8
(118.8K)
$51.73
($6.1M)
Claires Stores
3 - CEO, Dir, Officer
$2.6B
-6.6
(543.3K)
$25.71
($14.0M)
1
Company
Sei Investments Co
Total Sells (Position)
4 - CEO, Dir, Officer, 10%
1
Holly Corp
4
1
Total
Value
($12.3M)
Expressjet Holdings
6 - 10%
$474.9M
-5.5
(363.2K)
$9.19
($3.3M)
5 CIDI
15
Chart Industries
3 - Dir, 10%
$340.7M
-5.4
(3.6M)
$64.75
($231.3M)
6 LUV
11
Southwest Airlines Co
4 - Dir, Officer
$12.2B
-4.8
(286.6K)
$15.78
($4.5M)
7 ADGO
11
$30.6M
-4.6
(55.0K)
$1.36
($75.1K)
$689.9M
-3.9
(10.3K)
$35.15
($362.1K)
3 - Dir, Officer
$55.7B
-3.8
(48.8K)
$120.72
($5.9M)
Qep Co
4 - Dir
$36.2M
-3.4
(35.5K)
$10.33
($366.7K)
Adams Golf
5 - Dir, Officer, 10%
8 UNF
2
Unifirst Corp
8 - CEO, Dir, Officer, 10%
9 GS
7
Goldman Sachs Group
10 QEPC
14
11 CYMI
2
Cymer
2 - CEO, Dir, Officer
$1.3B
-3.2
(30.1K)
$37.03
($1.1M)
12 FCS
6
Fairchild Semiconductor International
3 - Dir
$1.9B
-3.2
(55.0K)
$15.48
($851.7K)
$1.1B
-3.1
(194.3K)
$18.65
($3.6M)
$333.9M
-2.8
(114.0K)
$21.61
($2.5M)
$3.3B
-2.6
(32.0K)
$52.28
($1.7M)
13 OXPS
91
Optionsxpress Holdings.
2 - Dir, Officer
14 TCBK
12
Trico Bancshares
4 - Dir
Erie Indemnity Co
2 - Officer
Smith A O Corp
1 - CEO, Officer
$271.2M
-2.6
(51.6K)
$31.76
($1.6M)
15 ERIE
2
16 AOS
16
17 QMED
9
Qmed
2 - Dir, Officer
$191.4M
-2.6
(20.0K)
$10.62
($212.4K)
18 ALOG
1
Analogic Corp
4 - Dir
$666.2M
-2.3
(20.0K)
$49.84
($996.9K)
19 CCDC
23
Concorde Career Colleges
1 - 10%
$82.5M
-2.3
(600.0K)
$15.11
($9.1M)
20 XNN
Xenonics Holdings.
6 - 10%
$34.3M
-2.2
(35.4K)
$1.94
($68.6K)
21 DHCC
18
Diamondhead Casino Corp
1 - Officer
$34.9M
-1.9
(25.0K)
$1.37
($34.3K)
22 VNBC
13
Vineyard National Bancorp
4 - Dir
$282.6M
-1.9
(40.8K)
$28.16
($1.1M)
Salesforce Com
1 - Officer
$2.7B
-1.8
(10.0K)
$25.00
($249.1K)
$65.3M
-1.8
(216.4K)
$1.34
($290.6K)
$2.1B
-1.6
(15.6K)
$26.07
($405.6K)
23 CRM
3
9
24 ONEI
15
Oneida Ltd
2 - 10%
25 MOLX
28
Molex
1 - Officer
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
[email protected] or call 1-609-497-0076. Customized research is also available upon request.
9
Highlighted Transactions
Date Symbol IS
91
Oct-25 OXPS
Company
Optionsxpress Holdings.
Insider (Position)
Ned W Bennett (Chief Operating Officer)
Trans
Score
-1.8
Shares
105.0K
Price
$57.3K
Value
$2.0M
Shares
Owned Filing
4
1.0M
COO Selling: In the wake of an in-line earnings reports, the chief executive officer at online brokerage OptionsXpress
Holdings (OXPS) sold more than $3.7M in stock.
Ned Bennett sold 194.3K shares at $18.80 to $18.48 on October 21st/24th. Whiskey Golf Investments II LP, an
investment vehicle, held the shares. Bennett still holds more than 2.77M shares of OXPS, or about 4.5% of the company.
Bennett's sales were the first by an OXPS insider since the company's January initial public offering.
Since closing at $23.90 on its first day out of the gate, OXPS has fallen a little more than -23% in value. [read more]
Oct-25 LUV
11
Southwest Airlines Co
Herbert D Kelleher (Director)
-1.9
225.0K
$116.4K
$3.5M
3.8M
4
Multiple Insiders Selling On Strength: Four insiders at Southwest Airlines (LUV), including Chairman and co-founder
Herb Kelleher, have sold stock since the company reported better-than-expected third-quarter earnings on October 20th.
Kelleher was the biggest seller, disposing of 225K shares at $15.75 to $15.79 on October 21st. That same day, Director
June Morris sold 36K shares at $15.75 to $15.80, and President Colleen Barrett sold 15K shares at $15.76 to
$15.78. Yesterday, Director Rollin King followed the trio by selling 10.6K shares at $15.90. [read more]
Oct-24 OI
83
Owens Illinois
Steven R Mccracken (CEO)
1.7
10.0K
$6.0K
$181.0K
239.2K
4
CEO Buying: With shares of Owens-Illinois (OI) down more than -34% from their August high, the company's CEO
stepped up this morning with the biggest insider buy in more than a year.
Steven McCracken bought 10K shares of OI at $18.10 earlier today, upping his stake in the company to a little more
than 239K shares. McCracken was last buying at $14.02 in April 2004, when he exercised options on about 54K shares.
He was granted 155K shares that same month as part of his compensation for joining OI. Director Helge Wehmeier is
the only other OI insider who has bought stock over the past two years, having taken down 6K shares at $22.80 to
$25.67 in January and April.
Since hitting a six-year high of $27.50 on August 30th, shares of OI have lost ground almost every trading day. [read
more]
Published October 26, 2005 :: Data from 10/19 to 10/25 filings :: See important disclaimers and copyrights on the last page
InsiderScore Account Information: To sign up for a free trial to InsiderScore or to add additional seats onto your existing account, please contact
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10
Highlighted Transactions
Date Symbol IS
4
Oct-24 MTEX
Company
Mannatech
Trans
Insider (Position)
Score
-1.5
Bettina S Simon (General Counsel and Sr VP)
Shares
12.0K
Price
$8.2K
Value
$119.2K
Shares
Owned Filing
4
8.0K
Executive Selling On Weakness: With the company besieged by securities class-action lawsuits, Mannatech's (MTEX)
top internal lawyer has been selling stock.
General Counsel Bettina Simon has sold 20K shares of MTEX at $9.90 to $10.80 since October 12th. Simon's latest
sale, disclosed this morning, was for 12K shares at $9.90 to $10.00 on October 19th, leaving her holding just 8K shares.
MTEX develops nutritional supplements, topical products, and weight-management products. The company sells its products
through a network of independent salespeople.
MTEX's problems began in May when an article in Barron's raised questions about the effectiveness of the company's dietary
supplements, tactics used by its salespeople, the background of MTEX's CEO, and a pending civil suit against the company.
[read more]
Oct-24 COT
97
Cott Corp
B Clyde Preslar (CFO)
2.2
25.0K
$11.3K
$351.4K
25.0K
4
Initial CFO Buying On Weakness: One day after shares of soft drink maker Cott Corporation (COT) hit a four-year low,
the company's chief financial officer made his first open market purchase of stock.
Clyde Preslar, who joined COT on August 29th, bought 25K shares at $14.03 to $14.10 today. Preslar's buy was only
the second by a COT insider in more than two years (a new director took down 2.5K shares back in February). Preslar was
formerly the CFO of Lance, Inc., a manufacturer of branded and private-label snack foods, and he previously served as the
director of Investor Relations for both Black & Decker (BDK) and RJR Nabisco.
Shares of COT fell to $13.64 on Friday, the stock's lowest price since October 2001. [read more]
Oct-21 GDP
99
Goodrich Petroleum Corp
Josiah T Austin (Director)
1.1
46.0K
$40.4K
$888.6K
5.2M
4
10% Owner Buying: After buying aggressively in May and adding to his holdings in June and July, Josiah Austin has
been adding to his stake in oil and natural gas exploration & production firm Goodrich Petroleum (GDP) recently.
Austin, a director at GDP since 2002, bought 90.7K shares at $19.32 to $19.65 from October 13th to October 20th. His
last buy was a 10K-share block at $19.64.
Austin's stake in GDP is held through a private investment vehicle, El Coronado Holdings. Austin is a cattle rancher who has
sat on the boards of Monterey Bay Bancorp and North Fork Bancorporation (NFB). [read more]
Highlighted Transactions
Date Symbol IS
94
Oct-19 BMM
Company
Bimini Mortgage Management
Insider (Position)
Jeffrey J Zimmer (CEO)
Trans
Score
0.8
Shares
3.5K
Price
$4.3K
Value
$33.5K
Shares
Owned Filing
4
85.9K
CEO Buying On Weakness: The CEO of real estate investment trust Bimini Mortgage Management (BMM) bought
shares on the same day the stock hit a new low.
CEO Jeffrey Zimmer bought 3.5K shares at $9.69 to $9.72 yesterday. BMM bottomed out at $9.62 during intraday
trading, its lowest level since going public at $14.50 last October (the stock opened at $16.00 on day one). Zimmer was
last buying BMM at $14.79 to $15.20 in February.
After paying out a 38-cent per share dividend, good for a 15.4% annualized yield, on September 20th, shares of
BMM have fallen almost -20%. [read more]
Oct-19 FD
27
Federated Department
Stores
Ronald W Tysoe (Vice Chair)
-1.3
20.0K
$15.8K
$1.3M
32.8K
4
Director Selling On Weakness: With the stock coming in off of recent highs, the vice chairman of Federated
Department Stores (FD) sold about 40% of his holdings late last week.
Ronald Tysoe sold 20K shares at $63.07 to $63.18 on October 14th, good for $1.3M in net proceeds, and leaving him
with about 31.6K shares. Last November, Tysoe exercised options on 100K shares and sold them at $57.93, reaping more
than $2.4M in gains. The options had become exercisable between 1997 and 2001.
Two weeks ago, FD reported a 1.3% rise in September same-store sales, ahead of the 0.6% gain analysts expected. [read
more]
Oct-19 AA
84
Alcoa
James W Owens (Director)
0.3
4.3K
$12.6K
$100.3K
5.0K
4
Directors Buying: With shares of Alcoa (AA) hovering around a two-year low, two directors at the aluminum giant
stepped up and made open market buys.
On October 12th, Klaus Kleinfeld, a director since November 2004 and the chairman & CEO of Siemens (SI), bought 1.4K
shares at $23.15. Meanwhile, yesterday, James Owens, the chairman & CEO of Caterpillar (CAT) and an AA director
since June, made his first purchase, buying 4.3K shares at $23.32. Previously, Kleinfeld bought 500 shares of AA at
$29.61 back in April.
Shares of AA fell to $22.28 on October 14th, their lowest mark since May 2003, and down from a November 2004, 52week high of $34.99. [read more]
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