Five Stocks That Insiders Have Been Buying Recently

Recent studies conducted at InsiderMonkey have revealed that stocks bought by insiders tend to outperform market indexes. Although one must look into other elements, like the company’s fundamentals, valuation and institutional sponsorship in order to make a fine choice, insider purchases can certainly provide some extra safety. Therefore, this is what we will do in this article: we will look into five 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.

Cyclical Consumer Goods & Services

The Wendy’s Co (NASDAQ:WEN) is a $3.1 billion market cap quick service restaurant operator in the U.S. and several other countries around the world, known for its square-shaped burgers. Although it boasts razor thin margins and returns, and its stock trades at 77.5 times the company’s earnings, one insider seems to feel confident about its future. Last week, on April 15, Scott R. Toop, the firm’s Senior Vice President, General Counsel and Secretary, acquired 10,080 shares of the company – in two separate purchases. He paid $8.37 per share for the first 7,580 shares, and $8.38 per share for the remaining 2,500. Following these transactions, the SVP holds 59,580 shares of the company, worth about half a million dollars.

insider trading

Another interesting case is that of CONN’S, Inc. (NASDAQ:CONN), a $1.67 billion market cap specialty retailer of branded consumer durable goods, and a provider of consumer credit (oriented at supporting its customers’ purchases). On March 10, Kelly Malson, Board Director, purchased 4,500 shares of the company for an average price of $39.58 per share. Malson currently owns 9,328 shares of the company. In addition, between April 10 and April 14, R. W. Stephens Jr., a large shareholder with a more than 10% stake, acquired 152,746 shares, for prices ranging from $38.87 per share to $39.57 per share. Following these purchases, Mr. Stephens holds (indirectly) 4.45 million shares.

Finally, there’s the Brown Shoe Company, Inc. (NYSE:BWS), a $1.08 billion market cap footwear retailer and wholesaler. The company witnessed one insider purchase recently: Lee W Capps, Board Director, started a position with 1,020 shares, for which he paid $24.90 per share. In addition, the insider holds 2,980 shares indirectly through an Irrevocable Trust.

And Two More Mid-Cap Stocks

American Realty Capital Properties Inc (NASDAQ:ARCP) is a $10.2 billion market cap self-managed and self-administered REIT, focused mainly on commercial real estate. Last Monday, April 21, Edward Weil Jr., Board Director, acquired 7,500 shares of Common Stock for prices around $13.28 per share. He now owns 196,635 shares of Common Stock. In addition to these shares, Mr. Weil directly owns 5,086 shares of Series F Cumulative Redeemable Preferred Stock. A month ago, on March 28, the insider had already bought 10,000 shares of Common Stock for an average price of $13.80 per share.

Also about a month ago, surrounding the announcement of the company beginning to trade ex-dividend (yield is about 7%) on March 28th, following changes in the CEO and CFO positions, several other insiders at American Realty Capital Properties acquired the stock, for prices around $13.78-$13.90 per share.

Oiltanking Partners LP (NYSE:OILTis another company that has seen several insiders buying its stock, which has already escalated more than 28%. At InsiderMonkey, we have been tracking this company for a while now. In fact, since we recommended this stock on Oct. 2013, and since then the price has risen by 39%.

The most recent transaction occurred on April 15, when Jonathan Ackerman, Vice President and CFO, acquired 600 shares for $78.66 each. Ackerman had started a position with 1,000 shares, which he procured for $70.53 per share, on March 10th. He now owns 1,600 shares of the company.

A week earlier, on April 7, Kenneth Owen, President and CEO, had acquired 1,500 shares of Common Stock for approximately $77.81 per share. Mr. Owen had already purchased 1,500 shares of the company, for $74.34 each, on March 21st. Following these transactions, the insider owns 5,000 shares of the company. On the same day, another insider, David Griffis, Board Director, acquired 64 shares of the company for $78.51 each, and now holds 9,424 Oiltanking Partners shares. Mr. Griffis has been buying this stock every month since Jan. 2012. Since he first started buying, the stock has almost tripled in price. However, the insider activity does not stop here. Anne-Marie Ainsworth, President, Chief Executive Officer and Board Director, on Jan. 6, acquired 1,000 shares at prices ranging from $62.20 to $62.46 per common unit (the weighted average price was at $62.37 per share). Ainsworth now owns 13,000 shares of Oiltanking Partners, valued at more than $992,000.

Disclosure: Javier Hasse holds no position in any stocks mentioned

Recommended Reading:

Two Small-Cap D.E. Shaw’s Picks with Insider Purchasing

Small-Cap Healthcare Stocks That Insiders Are Buying

Insider Activity at Three of George Soros’ Picks

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

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!