Aegerion Pharmaceuticals, Inc. (AEGR), Dole Food Company, Inc. (DOLE) & More: 3 Companies Insiders Love

Janus Capital Group Inc (NYSE:JNS)

Janus Capital Group is an asset management company with a portfolio of approximately $167 billion. The group provides a number of services including tax planning, investment for college, retirement planning etc. Janus Capital has a pretty diverse clientele ranging from individual investors to institutions.

The company has a market capitalization of approximately $1.7 billion, and in the last 52 weeks the stock price has fluctuated between $6 and $10. Insiders have purchased a mammoth 30 million shares of the company during the last 6 months, increasing insider holdings to 39 million shares, a massive increase of 340%. In the last six months institutions have reduced their holdings in Janus Capital Group by 22%.

The stock is currently trading at a 6% premium to mean sell side target price of $8.7 and forward P/e of 12.6. Despite trading at its target price, I believe insider trades show strong prospects for the company and make it an attractive investment option.

The bottom line

The companies above have solid fundamentals and bullish insider sentiment. Insider interest is just one of the many ways which can be used to asses the potential of an investment. Therefore, I would recommend that investors do their own due diligence before making a long term investment in any of the above options.

The article 3 Companies Insiders Love originally appeared on Fool.com and is written by Mohsin Saeed.

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