5 Mid-Cap Stocks That Insiders Love

Recent research conducted at InsiderMonkey has shown that stocks bought by insiders tend to outperform market indexes. Although insider purchases alone are not enough to decide buying a stock, they can certainly provide good investment ideas. However, one must look into other elements, like the company’s fundamentals, valuation and institutional sponsorship in order to make a fine choice. Therefore, this is what we will do in this article: we will look into five mid-cap companies that have seen their insiders purchase their stock, and analyze other essentials in order to help you elucidate if they stand as attractive long-term investment options.

Biotechnology

First in my list is Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY). This $3.88 billion market cap biopharmaceutical company develops novel therapeutics based on RNA interference. On March 25th, Sanofi-Aventis, a Large Shareholder – which owns more than 10% of the company’s common stock, purchased 344,400 shares of the company for $66.88 per share. After spending more than $23 million in Alnylam’s stock, Sanofi holds (indirectly, via a wholly-owned subsidiary, Genzyme Corp.) more than 9.1 million shares of the biopharmaceutical company.

Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY)

The other biotech company that witnessed high insider activity over March is Intrexon Corp (NYSE:XON)¸a $2.5 billion market cap synthetic biology company that designs, builds and regulates gene programs using its proprietary -and complementary- technologies. Over March, the company has witnessed three insider purchases.

On March 27th, the company’s CEO, Randal Kirk, bought some 243,000 shares of the company, for $25.72 per share. Through several holdings, Mr. Kirk owns more than 62.5 million shares of Intrexon’s stock, which makes him a more-than-10% owner. In addition, Ian Gregory Frost, Senior Vice President at the company’s Health Sector, started a position in the stock with 100,000, though three separate purchases made between Feb. 28th and March 4th. Amongst the 100,000 shares, 61,500 shares were procured between March 3rd and March 4th, for prices ranging from $24.56 per share to $26.15 per share, inclusive. 

Oil & Gas Midstream

In the oil and gas midstream industry, two mid-cap companies experienced insider activity over the past month. The first one is Plains GP Holdings LP (NYSE:PAGP), a $3.7 billion market cap firm that, through its general partner Plains All American Pipeline, L.P. (NYSE:PAA), is engaged in the transportation, storage, terminalling and marketing of crude oil and refined products.

On March 13th, Victor Burk, a Board Director, started a position in the company with 3,000 shares. He paid prices ranging from $27.08 per share to $27.09 per share. His holding is valued at approximately $84,000.

Another oil and gas midstream company in our list is MPLX LP (NYSE:MPLX), a limited partnership recently formed by the Marathon Petroleum Corporation (to own, operate, develop and acquire crude oil, refined product and other hydrocarbon-based product pipelines and other midstream assets), with a market cap of more than $3.6 billion. Also on March 11th, an insider acquired stock from the company: Richard C. Wilson, Board Director, purchased 3,000 shares of the company at an average price of $49.42 per share. Following the reported transaction, the insider held 8,565 shares of the company, valued at more than $400,000.

And one U.S. Regional Bank

Finally, we would like to take a look at First Financial Bankshares Inc (NASDAQ:FFIN), a $2 billion market cap financial holding firm. Since the beginning of the year, the company has seen at least 12 insider purchases take place:

Johnny Trotter, one of the bank’s Board Directors, has been the most active insider this year. Starting on Jan. 31st, and through 8 different purchases, Mr. Trotter added more than 12,500 shares to his holdings (both direct and indirect holdings), having paid prices ranging from $59.40 per share, to $62.00 per share. In his most recent transaction, which took place on March 14th, he procured 7,100 shares of the company for $60.10 each, increasing his holdings to more than 195,000 shares of the company, valued at than $12 million.

Another active insider was Hamilton Murray Edwards, another Board Director. Between Jan. 29th and Feb. 3rd, he bought more than 1,500 shares of the company, for prices between $59.80 per share and $62.40 per share. He now owns about 75,000 shares of the firm.

Lastly, Ronald Giddiens (yet another Board Director), bought 49 shares of the company for $64.77 each, on Jan. 2nd.

Disclosure: Javier Hasse holds no position in any stocks mentioned

Recommended Reading:

Funds, Insiders and Big Financial Firms Are Betting on Staples, Inc. (SPLS)

Stay Away From These Warren Buffett Stocks

5 Stocks Insiders are Buying Right Now

 

 

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!