Weekly Insider Trading Roundup October 22


Insider Buying Highlights

Magellan Petroleum Corp. (MPET)

$1.68M, Form4Oracle Insider Sentiment Rating – Strong Buy:

  • Hastings William H., President/CEO,Director bought: $136.68K increasing holdings by 95%
  • Bogachev Nikolay V, Director bought $1.55M increasing his holdings by 8%

Stone Tan China Acquisition Corp. (STTA.OB)

$14.91M, Form4Oracle Insider Sentiment Rating – Strong Buy:

  • Tan Richard, Chief Executive Officer,Director,10% Owner bought $5.47M increasing his holdings by 14%
  • Stone Roger W, Chairman of the Board,Director,10% Owner bought $3.96M increasing his holdings by 15%
  • Spac Trust, 10% Owner bought $5.47M increasing their holdings by 14%

Palm, Inc. (PALM)

$107.00M, Form4Oracle Insider Sentiment Rating – Strong Buy:

  • McNamee Roger, Director,10% Owner bought $37.00M, increasing his holdings by 28%
  • Anderson Fred D, Director,10% Owner bought $35.00M, increasing his holdings by 26%
  • Elevation Partners, L.P., Director,10% Owner bought $35.00M, increasing their holdings by 26%

Note, though that all the purchases at PALM have been at exactly the same price.

Insider Selling Highlights

Polo Ralph Lauren Corp. (RL)

$34.81M, Form4Oracle Insider Sentiment Rating – Strong Sell

  • Farah Roger N, President & COO,Director sold $6.78M, decreasing his holdings by 37%
  • Nemerov Jackwyn, Executive Vice President,Director sold $1.14M, decreasing his holdings by 40%

American Eagle Outfitters Inc. (AEO)

$1.09M, Form4Oracle Insider Sentiment Rating – Strong Sell

  • Wedren Gerald E, Director sold $115.91K, decreasing his holdings by 38%
  • Page Janice E, Director sold $200.90K, decreasing her holdings by 44%

Verichip Corp (CHIP)

$1.86M, Form4Oracle Insider Sentiment Rating – Sell Cobb Jeffrey S, Director sold ($125.00K), decreasing his holdings by (25%)

  • Silverman Scott R, CEO,Director,10% Owner sold $1.39M, decreasing his holdings by 11%
  • Caragol William J, Acting CFO sold $204.97K, decreasing his holdings by 20%
  • Edelstein Barry M, Director sold $145.94K, decreasing his holdings by 25%
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