Best Insider Traders

I am willing to concede that company insiders know more about their businesses than I could ever learn about it by reading financial statements. This is why I use insider trading as part of my assessment critieria. The fact that all company insiders are not created equal should come as no surprise- who would you trust to know more about a business, the chief accountant or the janitor?

So what are the best job titles when it comes to insider trading? To give my analysis on this let me first set a few ground rules:
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Insider Trading December Report

Every day I pull a list of the insider traders then I shorten the list to be only buys done by roles that have a proven track record (see my previous post for a little on this). Finally I run an evaluation of the companies based on some of the ratios that Graham used to find companies that are cheap (See my earlier series on this).

This is just the start for me though after a company reaches this level it is worthy enough for me to look at it further not necessarily.
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Are all insider traders created equal?

Insider trading is the practice of purchasing shares in your own company. In accordance with the Security and Exchange Commission the purchaser must file within a few days of the transaction. Filings can be found on the SEC’s edgar page.

Insider trading is an important tool for value based investors. Insiders have a better understanding of their company, if nothing else they have seen the faces of people at the office, heard the chatter in the lunch room- they have a feel. Insiders are like any other investor- they sell for all sorts of reasons but only buy stock for one reason. When insiders speak we should all listen.
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Insider Traders Get Hungry

There is on old phrase, people sell stock for all sorts of reasons, but only buy them for one reason.

I am a follower of insider trading, there is just too many companies to look at out there, insider trading can help raise a company onto my radar. I thought I would put up this chart I put together. Fore color are the number of transactions made by insiders (according to SEC data) back color is the Dow Jones (for reference purposes).

A few random observations:
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