American Insider Trades: March 29 to April 5

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Apr 08, 2013
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Last week in American insider trades we saw an increase in insider buying in the banking and finance industry. Overall, there were fewer insider buys than the previous week. There was a significant increase in insider selling from large corporations such as Pandora, Adobe, FedEx, as well as many others.

You can view the entire list of insider trades here.



Notable Insider Buys

1. Industrial Services of America (IDSA)

Industrial Services of America (ISA) reported one significant insider buy last week. The buy came from the new manager of the company, Jonathan Blue.

Jonathan Blue bought 125,000 shares of ISA’s stock at $4 per share. This transaction cost him $500,000. Blue’s buy comes while ISA’s price is near a 10-year low.



The struggling company entered into a 12-month term relationship term beginning April 1, 2013, with Blue Equity. Blue Equity will provide ISA with management services, including working with ISA’s existing management team to review operations and identify opportunities for growth and profitability.

Jonathan Blue is Blue Equity’s chairman and managing director.

Industrial Services of America is a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets. The company also offers programs and equipment to help businesses manage waste.

Market Cap: 21.74 MP/E: n/aShiller P/E: 8
P/B: 0.7P/S: 0.12EV/EBITDA: 343
52 Week Low: 2.0352 Week High: 5.66Average Volume: 9,253


There are no gurus that currently hold a stake in ISA.

With its shares up 7.97%, Industrial Services of America trades at $3.38.

2. Full House Resorts (FLL)

Full House Resorts reported three insider buys coming from two different insiders this past week. These buys came as the company prepares to open its newest hotel/casino in Rising Sun, Ohio.

COO Mark Miller made two separate transactions adding a total of 5,000 shares at an average price of $2.78. The transaction cost him $13,969. Miller now holds on to 464,796 shares of company stock.

President, CEO and Chairman Andre Hilliou added 5,000 shares on April 2. The shares traded at $2.75 for a total amount of $13,750. Hilliou now holds on to 631,700 shares of FLL.



These buys also come as the price of Full House nears a 52-week low price of $2.63. Full House Resort’s revenue growth has slowed down in the past year.

Full House Resorts is a casino developer and operator operated out of the Las Vegas Valley. The company owns, develops, manages and/or invests in gaming-related enterprises. The shares are down 19.7% year to date as of the closing on Friday.

Market Cap: 51.2 MP/E: 1.8Shiller P/E: 5.3
P/B: 0.6P/S: 0.5EV/EBITDA: 1.17
52 Week Low: 2.6352 Week High: 4.00Average Volume: 84,913


Jim Simons holds 50,800 shares of FLL.

With its shares down 0.37%, Full House Resorts trades at $2.74.

3. Ladenburg Thalmann Financial Services (LTS)

Ladenburg Thalmann reported 10 insider buys last week coming from six different insiders. The corporate officers added a collective 40,000 shares.

Richard Lampen (president and CEO), Mark Zeitchick (EVP), Saul Gilinski (director), Richard Rosenstock (director), and Jacqueline Simkin (director) all added 5,000 shares each at an average trade price of $1.62.

COO Adam Malamed made five different transactions adding 5,000 shares each time. Malamed added a total of 25,000 shares at an average price of $1.64.

10% Owner, Phillip Frost MD et al, also added 15,000 shares to his ever-growing stake in LTS.



Ladenburg Thalmann is a diversified financial services company. The company specializes in investment banking, equity research, institutional sales and trading, independent brokerages and advisory services, asset management services and trust services through its subsidiaries.

Market Cap: 295.4 MP/E: n/aShiller P/E: n/a
P/B: 5.8P/S: 0.41EV/EBITDA: n/a
52 Week Low: 1.1452 Week High: 1.79Average Volume: 280,339


Jim Simons holds 12,800 shares of Ladenburg Thalmann.

With its shares up 2.23%, Ladenburg Thalmann trades at $1.61.

Notable Insider Sells

1. Adobe Systems (ADBE)

Adobe Systems reported four insider sells this past week. These sells come as the company’s price has reached a 10-year high.

President and CEO Shantanu Narayen sold 225,000 at $43.33 per share. He made $9,749,250 on this transaction. Narayen still holds on to 230,797 shares of company stock.

Co-Chairman of the Board John Warnock sold 20,000 shares at $43.96 each. Warnock raked in a total of $879,200 in this transaction.

Director James Daley sold 10,000 shares at $44 each for a total of $440,000.

Senior VP and GM of Digital Media David Wadhwani sold a much smaller 798 shares at a price of $43.96. He spent $35,080 on this transaction.



Adobe Systems is a global software company. The company offers a line of software and services used by professionals, marketers, workers, students, application developers for creating and managing content across multiple operating systems, devices and media.

Market Cap: 21.84 BP/E: 30.2Shiller P/E: 26.55
P/B: 3.2P/S: 4.46EV/EBITDA: 13.46
52 Week Low: 29.5252 Week High: 44.25Average Volume: 3.96 M


There are six gurus that hold a stake in Adobe. To view the complete list of these gurus and their shares, click here.

With its shares up 0.51%, Adobe trades at $43.60.

2. Dollar General (DG)

Dollar General has reported six different insider transactions this week. Five different corporate executives made sells and one director bought shares.

The insiders sold a significant 374,932 shares of company stock for an average price of $50.71. The total transaction amount for these insiders equaled a massive $19,281,549.

Director Sandra Cochran is the only insider that made a buy this week. She added 1,960 shares at $50.61 per share. She spent 99,196 on this transaction.



The increase in corporate sells stems from the fact that Dollar General’s price is nearing a five-year high price of $54.59.

Dollar General is a retailer that sells products such as food, health and beauty products, cleaning supplies and seasonal items. As of Feb. 1, 2013, Dollar General had more locations than any other retailer in America.

Market Cap: 16.42 BP/E: 17.4Shiller P/E: 27.5
P/B: 3.4P/S: 0.96EV/EBITDA: 9.08
52 Week Low: 39.7352 Week High: 56.04Average Volume: 5.15 M


There are 15 insiders that hold a stake in Dollar General. To view the complete list of these gurus and the shares they hold, click here.

With its shares down 0.42% today, Dollar General trades at $50.19.

3. FedEx (FDX)

FedEx reported two significant insider sells this week.

On April 4, Chairman, President and CEO Frederick Smith sold 202,000 shares at $96.29 each. Smith made a massive $19,450,580 on this sell. Smith still holds on to over 19 million shares.

On April 5 Corporate VP and Principal Accounting Officer John Merino sold 3,500 shares at $94.80 each. Merino made $331,800 on this transaction.



FedEx provides transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively under the FedEx brand. FedEx Express is the world’s largest express transportation company.

Market Cap: 31.08 BP/E: 16.7Shiller P/E: 21.7
P/B: 2P/S: 0.76EV/EBITDA: 6.16
52 Week Low: 83.8052 Week High: 109.66Average Volume: 2.61 M


There are 23 gurus that hold a stake in FedEx. To see the complete list of these gurus, click here.

With its shares down 0.26%, FedEx trades at $95.25.

4. Pandora Media (P)

Five different insiders made notable sells in Pandora Media this week. These sells come as the price of the company is rising from an extended lull.

The corporate executives sold a total of 169,000 shares at an average cost of $13.71. The total amount they raked in on these transactions was $2,320,128.



Pandora Media operates Internet radio in the U.S. It was the first company of its kind to create “smart playlists” or playlists based on the music that a listener did or did not like. Pandora has been struggling recently as the competition from iheartradio and Spotify has increased and intensified.

The price of the stock is near a 52-week high of $14.16.

Chase Coleman, Mario Gabelli, Steven Cohen and Paul Tudor Jones all have shares of Pandora. To see the complete list of the shares these gurus hold, click here.

With its shares up 0.62%, Pandora trades at $12.90.

To view a complete list of insider trades at Pandora, click here.

To view a complete list of American and Canadian insider transactions, click here.